GOLD RESOURCE CORP (GORO)

US38068T1051 - Common Stock

0.2581  +0.01 (+3.57%)

After market: 0.245 -0.01 (-5.08%)

Fundamental Rating

3

Taking everything into account, GORO scores 3 out of 10 in our fundamental rating. GORO was compared to 156 industry peers in the Metals & Mining industry. The financial health of GORO is average, but there are quite some concerns on its profitability. GORO has a expensive valuation and it also scores bad on growth.



1

1. Profitability

1.1 Basic Checks

In the past year GORO has reported negative net income.
GORO had a negative operating cash flow in the past year.
Of the past 5 years GORO 4 years were profitable.
GORO had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

The Return On Assets of GORO (-8.56%) is worse than 71.79% of its industry peers.
GORO's Return On Equity of -16.32% is on the low side compared to the rest of the industry. GORO is outperformed by 73.72% of its industry peers.
Industry RankSector Rank
ROA -8.56%
ROE -16.32%
ROIC N/A
ROA(3y)1.61%
ROA(5y)2.81%
ROE(3y)1.94%
ROE(5y)3.36%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

GORO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 1.77%, GORO is doing worse than 64.10% of the companies in the same industry.
GORO's Gross Margin has declined in the last couple of years.
GORO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 1.77%
OM growth 3Y-28.62%
OM growth 5Y-29.08%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.42%
GM growth 5Y-10.92%

5

2. Health

2.1 Basic Checks

GORO does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, GORO has about the same amount of shares outstanding.
Compared to 5 years ago, GORO has more shares outstanding
GORO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.

2.2 Solvency

Based on the Altman-Z score of 0.52, we must say that GORO is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.52, GORO is doing worse than 76.92% of the companies in the same industry.
GORO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.52
ROIC/WACCN/A
WACC8.97%

2.3 Liquidity

A Current Ratio of 1.91 indicates that GORO should not have too much problems paying its short term obligations.
GORO's Current ratio of 1.91 is on the low side compared to the rest of the industry. GORO is outperformed by 65.38% of its industry peers.
GORO has a Quick Ratio of 1.22. This is a normal value and indicates that GORO is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.22, GORO is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.91
Quick Ratio 1.22

1

3. Growth

3.1 Past

GORO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -152916.67%.
The Revenue for GORO has decreased by -24.55% in the past year. This is quite bad
The Revenue has been growing slightly by 4.72% on average over the past years.
EPS 1Y (TTM)-152916.67%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q27.27%
Revenue 1Y (TTM)-24.55%
Revenue growth 3Y4.86%
Revenue growth 5Y4.72%
Revenue growth Q2Q-13.9%

3.2 Future

Based on estimates for the next years, GORO will show a very negative growth in Earnings Per Share. The EPS will decrease by -500.00% on average per year.
Based on estimates for the next years, GORO will show a decrease in Revenue. The Revenue will decrease by -0.41% on average per year.
EPS Next Y-3700%
EPS Next 2Y-500%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-25.97%
Revenue Next 2Y-14.61%
Revenue Next 3Y-0.74%
Revenue Next 5Y-0.41%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GORO. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for GORO. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, GORO is valued cheaper than 99.36% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 1.24

4.3 Compensation for Growth

A cheap valuation may be justified as GORO's earnings are expected to decrease with -500.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-500%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 13.18%, GORO is a good candidate for dividend investing.
GORO's Dividend Yield is rather good when compared to the industry average which is at 3.27. GORO pays more dividend than 99.36% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, GORO pays a better dividend.
Industry RankSector Rank
Dividend Yield 13.18%

5.2 History

The dividend of GORO is nicely growing with an annual growth rate of 14.87%!
GORO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)14.87%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

The earnings of GORO are negative and hence is the payout ratio. GORO will probably not be able to sustain this dividend level.
DP-5.45%
EPS Next 2Y-500%
EPS Next 3YN/A

GOLD RESOURCE CORP

NYSEARCA:GORO (2/23/2024, 7:04:00 PM)

After market: 0.245 -0.01 (-5.08%)

0.2581

+0.01 (+3.57%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap22.89M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 13.18%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.56%
ROE -16.32%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 1.77%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.91
Quick Ratio 1.22
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-152916.67%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-3700%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.55%
Revenue growth 3Y4.86%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y