Gold Resource Corporation (AMEX:GORO) is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.06 per share.
Looking ahead, the full year income are expected at $ 0.01 per share on the revenues of $ 134.80 million.
Previous Quarter Performance
Gold Resource Corporation posted loss for the second quarter of $ 0.03 per share, from the revenue of $ 21.10 million. Street analysts expected Gold Resource Corporation to report loss of $ 0.02 per share on revenue of $ 20.20 million for the second quarter. The bottom line results missed street analysts by $ 0.01 or 50 percent, at the same time, top line results outshined analysts by $ 0.90 million or 4.46 percent.
Stock Performance
On Friday, shares of Gold Resource Corporation has traded high as $ 2.74 and has cracked $ 2.58 on the downward trend, reaching $ 2.74 with volume of 1.33 million shares.
According to the previous trading day, closing price of $ 2.74, representing a 31.19 % increase from the 52 week low of $ 2.02 and a 57.53 % decrease over the 52 week high of $ 6.24.
The company has a market capital of $ 192.01 million and is part of the Basic Materials sector and Gold industry.
Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The companys flagship property is the Aguila project comprising 18 mining concessions aggregating approximately 25,264 hectares located in the State of Oaxaca, Mexico.
