NEW YORK (

TheStreet

) -- The ex-dividend date for

Gold Resource

(AMEX:

GORO

) is tomorrow, May 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $25.51 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for Gold Resource has been 180,800 shares per day over the past 30 days. Gold Resource has a market cap of $1.38 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 16.5% year to date as of the close of trading on Friday.

Gold Resource Corporation, an exploration stage company, engages in the exploration for and production of gold and silver in Mexico. It also explores copper, lead, and zinc ores. The company has a P/E ratio of 23.3, below the average metals & mining industry P/E ratio of 25.3 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Gold Resource as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Gold Resource Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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