Gold Resource Stock Hits New 52-Week Low (GORO) - TheStreet

NEW YORK (

TheStreet

) --

Gold Resource

(AMEX:

GORO

) hit a new 52-week low Friday as it is currently trading at $17.65, below its previous 52-week low of $17.66 with 151,222 shares traded as of 2:34 p.m. ET. Average volume has been 411,600 shares over the past 30 days.

Gold Resource has a market cap of $991.6 million and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 38.3% year to date as of the close of trading on Thursday.

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, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full

Gold Resource Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

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