GORO Bullish Due To Gold Rise

Company Description:

Gold Resource Corp . is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. It engages in the exploration, development, and production of metal concentrates and dore. Its products include gold , silver , copper , lead, and zinc. It operates through the following geographical segments: Mexico; Nevada; and Corporate Other. The company was founded by David C. Reid and William W. Reid on August 24, 1998 and is headquartered in Colorado Springs, CO.

Analyst Price Targets: 7.13

Analyst Recommendations: BUY


2.62M (06/28/19)

P/E Current: 23.69

Latest News:

Preliminary production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold , 467,484 ounces of silver and significant base metals. The Company currently maintains its 2019 Oaxaca Mining Unit production outlook and plans to increase its global production outlook once commercial production levels are reached at its Nevada Mining Unit’s Isabella Pearl gold project. (Source)
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