Gold Resource Corporation (GORO) had a good day on the market for Monday October 07 as shares jumped 5.9% to close at $3.41. About 1.18 million shares traded hands on 5,365 trades for the day, compared with an average daily volume of n/a shares out of a total float of 65.59 million. After opening the trading day at $3.27, shares of Gold Resource Corporation stayed within a range of $3.53 to $3.27.
With today’s gains, Gold Resource Corporation now has a market cap of $223.65 million. Shares of Gold Resource Corporation have been trading within a range of $6.42 and $2.73 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Gold Resource Corp is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company targets low capital expenditure projects with potential for generating high returns on capital. The Company offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Gold Resource Corporation is based out of Colorado Springs, CO and has some 47 employees. Its CEO is Jason D. Reid.
Gold Resource Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
