NEW YORK ( TheStreet) -- The ex-dividend date for Gold Resource (AMEX: GORO) is tomorrow, October 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $20.75 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for Gold Resource has been 366,500 shares per day over the past 30 days. Gold Resource has a market cap of $1 billion and is part of the basic materials sector and metals & mining industry. Shares are down 30.5% year to date as of the close of trading on Tuesday.

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 impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Gold Resource Ratings Report.

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