Gold Resource Ownership
| GORO Stock | USD 0.52 0.01 1.89% |
Shares in Circulation | First Issued 2005-03-31 | Previous Quarter 95.3 M | Current Value 112.4 M | Avarage Shares Outstanding 56.6 M | Quarterly Volatility 21.3 M |
Gold Stock Ownership Analysis
The book value of the company was currently reported as 0.21. The company recorded a loss per share of 0.62. Gold Resource last dividend was issued on the 14th of December 2022. Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Gold Resource operates under Gold classification in the United States and is traded on AMEX Exchange. It employs 540 people. To learn more about Gold Resource call Comm BCom at 303 320 7708 or check out https://www.goldresourcecorp.com.Besides selling stocks to institutional investors, Gold Resource also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Gold Resource's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Gold Resource's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Gold Resource Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Gold Resource are currently held by insiders. Unlike Gold Resource's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Gold Resource's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Gold Resource's insider trades
Gold Resource Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Gold Resource insiders, such as employees or executives, is commonly permitted as long as it does not rely on Gold Resource's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Gold Resource insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Pair Trading with Gold Resource
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold Resource will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gold Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold Resource to buy it.
The correlation of Gold Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Resource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.62) | Revenue Per Share | Quarterly Revenue Growth (0.34) | Return On Assets |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.