NEW YORK (

TheStreet

) --

Gold Resource

(AMEX:

GORO

) hit a new 52-week high Thursday as it is currently trading at $31.01, above its previous 52-week high of $30.75 with 111,141 shares traded as of 10:21 a.m. ET. Average volume has been 240,300 shares over the past 30 days.

Gold Resource has a market cap of $1.5 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 1.4% year to date as of the close of trading on Wednesday.

TheStreet Recommends

Gold Resource Corporation, an exploration stage company, engages in the exploration for and production of gold, silver, precious metals, and base metals, including copper, lead, and zinc primarily in Mexico.

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TheStreet Ratings rates Gold Resource as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full

Gold Resource Ratings Report

.

See all

52-week high stocks

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