GORO
Price:
$0.1575
Market Cap:
$15.01M
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. The company was founded in 1998 and is headquartered in Denver, Colorado.[Read more]
Industry
Gold
IPO Date
2006-09-14
Stock Exchange
AMEX
Ticker
GORO
According to Gold Resource Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.38. This represents a change of -30.95% compared to the average of 2.00 of the last 4 quarters.
The mean historical Current Ratio of Gold Resource Corporation over the last ten years is 2.43. The current 1.38 Current Ratio has changed 5.60% with respect to the historical average. Over the past ten years (40 quarters), GORO's Current Ratio was at its highest in in the September 2016 quarter at 3.89. The Current Ratio was at its lowest in in the March 2019 quarter at 1.34.
Average
2.43
Median
2.26
Minimum
1.77
Maximum
3.55
Discovering the peaks and valleys of Gold Resource Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 95.91%
Maximum Annual Current Ratio = 3.55
Minimum Annual Increase = -44.01%
Minimum Annual Current Ratio = 1.77
Year | Current Ratio | Change |
---|---|---|
2023 | 2.34 | 25.26% |
2022 | 1.87 | -5.98% |
2021 | 1.99 | -44.01% |
2020 | 3.55 | 95.91% |
2019 | 1.81 | 2.38% |
2018 | 1.77 | -37.53% |
2017 | 2.83 | -13.37% |
2016 | 3.27 | 49.30% |
2015 | 2.19 | -17.46% |
2014 | 2.65 | -32.79% |
The current Current Ratio of Gold Resource Corporation (GORO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.06
5-year avg
2.31
10-year avg
2.43
Gold Resource Corporation’s Current Ratio is less than IAMGOLD Corporation (0), greater than Eldorado Gold Corporation (0.89), less than Coeur Mining, Inc. (3.20), greater than Alamos Gold Inc. (1.09), less than New Gold Inc. (1.62), less than Kinross Gold Corporation (1.42), less than Harmony Gold Mining Company Limited (4.50), less than null (1.56),
Company | Current Ratio | Market cap |
---|---|---|
0 | $3.25B | |
0.89 | $3.39B | |
3.20 | $2.62B | |
1.09 | $7.93B | |
1.62 | $2.24B | |
1.42 | $12.56B | |
4.50 | $6.11B | |
1.56 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Gold Resource Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Gold Resource Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Gold Resource Corporation's Current Ratio?
How is the Current Ratio calculated for Gold Resource Corporation (GORO)?
What is the highest Current Ratio for Gold Resource Corporation (GORO)?
What is the 3-year average Current Ratio for Gold Resource Corporation (GORO)?
What is the 5-year average Current Ratio for Gold Resource Corporation (GORO)?
How does the current Current Ratio for Gold Resource Corporation (GORO) compare to its historical average?