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Gold Resource Corporation (GORO) [hlAlert]

Reduce GORO
up 332.17 %

Gold Resource Corporation (GORO) downgraded to Reduce with price target $8 by Global Hunter Securities

Posted on: Thursday,  May 9, 2013  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Reduce Gold Resource Corporation (AMEX: GORO) on 05/09/2013, when the stock price was $9.94.
Since then, Gold Resource Corporation has lost 76.86% as of 08/27/2015's recent price of $2.30.
If you would have followed this Global Hunter Securities's recommendation on GORO, you would have gained 332.17% of your investment in 840 days.

Gold Resource Corporation is engaged in the exploration for and production of gold and silver, primarily in Mexico. The Company holds a 100% interest in five properties in Mexico's southern State of Oaxaca. Its properties include the El Aguila property, the Las Margaritas property, the El Rey property, the Solaga property and the Alta Gracia property. Its operations in Mexico are conducted through its wholly owned Mexican subsidiaries, Don David Gold, S.A. de C.V. and Golden Trump Resources S. A. de C.V. During the year ended December 31, 2009, the Company completed the construction of the flotation circuit of the mill at the El Aguila Project.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 9:25 AM Sell
9.94 8.00
as of 12/13/2013
1 Week up  1.02 %
1 Month up  7.96 %
3 Months up  41.56 %
1 YTD up  51.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 9:25 AM Sell
9.94 8.00
10/18/2012 10:25 AM Hold
18.01 17.50
8/2/2012 9:25 AM Buy
17.99 22.00

(*) Stock Price at the time of the recommendation.
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