| Is Gold Resource Corporation (NYSEMKT:GORO) A Financially Sound Company? | |
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Can GORO service its debt comfortably?With debt at 3.40% of equity, GORO may be thought of as having low leverage. This range is considered safe as GORO is not taking on too much debt obligation, which can be restrictive and risky for equity-holders. Next Steps:GORO has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level. Furthermore, the company exhibits an ability to meet its near term obligations should an adverse event occur. This is only a rough assessment of financial health, and I’m sure GORO has company-specific issues impacting its capital structure decisions. I suggest you continue to research Gold Resource to get a better picture of the stock by looking at: To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
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Gold Resource Corporation
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PRODUCER |
CODE : GORO |
ISIN : US38068T1051 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Resource Corp. is a gold exploration company based in United states of america. Gold Resource Corp. produces gold, silver in Mexico. Its main assets in production are EL AGUILA and ARISTA in Mexico and its main exploration properties are LAS MARGARITAS, EL REY, SOLAGA and ALTA GRACIA in Mexico. Gold Resource Corp. is listed in United States of America. Its market capitalisation is US$ 28.0 millions as of today (€ 26.3 millions). Its stock quote reached its highest recent level on June 11, 2010 at US$ 9.91, and its lowest recent point on September 15, 2023 at US$ 0.44. Gold Resource Corp. has 57 107 884 shares outstanding. |