Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. The company was founded in 1998 and is headquartered in Denver, Colorado.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
Target Price
The average target price of GORO is 1.4 and suggests 20% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
Buy
Sell