Gold Resource Corporation (GORO) Stock

Gold Resource Corporation (GORO) is a Materials stock trading at $3.59 (as of 2026-08-24), with a market capitalization of $581.16M and a trailing P/E of 88.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Gold Resource Corporation is engaged in the exploration, development, and production of gold and silver projects in Mexico and the United States, with additional exploration for copper, lead, and zinc. Its principal asset is the 100%-owned Back Forty project in Michigan.

Understand Gold Resource Corporation: how it makes money

Gold Resource Corporation explores, develops, and produces gold and silver projects (and also explores for copper, lead, and zinc) in Mexico and the United States, with its principal asset being the 100% owned Back Forty project in Michigan. It makes money by producing and selling metals from its projects.

The profit model depends on turning mined and processed ore into sold metals, with results driven by operating volumes (ounces sold, tonnes sold) and metal quality (average gold, silver, and other metal grades).

Business quality (Solid): Clear operating linkage to metal production (ounces sold and tonnes sold) and quality inputs (average grades), but the segment breakdown is not provided and the business appears heavily tied to its principal Back Forty asset.

Valuation: At 27× earnings, GORO trades 50% above the Precious Metals average (18×). Note: one-time items can distort reported P/E.

Bull case

  • Back Forty is a 100% owned principal asset, which can simplify decision-making and project alignment: Ownership and focus on a single principal project can concentrate execution toward improving gold and silver output.
  • The operating KPI set is metal-specific (ounces sold, tonnes sold) and includes average grades: This makes it possible to track whether performance is being driven by production volumes versus metal quality (grades).

Bear case

  • Dependence on production performance metrics like tonnes mined, tonnes processed, and metal grades: If grades or output volumes underperform, sold metal quantities tied to those KPIs can weaken results.
  • Only one principal asset is highlighted (Back Forty), and no other reportable segments are provided here: Concentration risk may be higher if results at Back Forty are delayed, disrupted, or do not meet expectations.
Valuation — source: SEC EDGAR (first-party)
Price$3.59
Market Cap$581.16M
P/E Ratio88.1
EV / EBITDA20.0
Price / Book11.91
Price / Sales4.42
FCF Yield1.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$99.76M
Net Margin-6.5%
Revenue Growth (YoY)255.7%
EPS Growth (YoY)-142.9%
FCF Growth (YoY)-302.2%
Financial Health — source: SEC EDGAR
Altman Z-Score2.52 (grey)
Valuation vs Sector & Industry
Stock P/E88.1
Sector P/E (Materials)25.9
Industry P/E (Precious Metals)24.4
vs Sector239.9%
vs Industry261.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFiscal Wisdom Wealth Management, LLC ($42.69M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryPrecious Metals
CEOAllen Joseph Palmiere
Employees480
CountryUS
IPO Date2006-09-14

Related Companies (Precious Metals; 8 comparable companies)

  • i-80 Gold Corp. (IAUX)
  • Idaho Strategic Resources, Inc. (IDR)
  • Ur-Energy Inc. (URG)
  • Perpetua Resources Corp. (PPTA)
  • Aris Water Solutions, Inc. (ARIS)
  • Uranium Energy Corp. (UEC)
  • Sunshine Silver Mining & Refining Co (SSMR)
  • MP Materials Corp. (MP)
GORO earnings history · GORO institutional & insider holders · GORO KPIs & operating metrics · GORO financials · GORO investor presentations & press releases · GORO SEC filings · GORO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.