Investigation into Gold Resource Corporation's Proposed Sale to Goldgroup Mining Inc.

Written by Emily J. Thompson, Senior Investment Analyst

GORO-8.28%

Source: Businesswire

Updated: 7h ago

0mins

Source: Businesswire

Investigation Launched: Former Louisiana Attorney General Charles C. Foti and his law firm Kahn Swick & Foti are investigating the proposed sale of Gold Resource Corporation to Goldgroup Mining Inc., aiming to assess the adequacy of the transaction terms.
Shareholder Return Analysis: Under the proposal, shareholders of Gold Resource will receive 1.4476 common shares of Goldgroup for each share they own, with the investigation focusing on whether this consideration undervalues the company.
Legal Rights Consultation: KSF encourages shareholders who believe the transaction undervalues the company to contact them for a discussion of their legal rights, offering consultations without obligation.
Firm Background: KSF is led by a former Louisiana Attorney General and is committed to protecting shareholder interests while ensuring transparency and fairness in the transaction process.

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GORO

$1.44+Infinity%1D

Analyst Views on GORO

Wall Street analysts forecast GORO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GORO is 1.25 USD with a low forecast of 1.25 USD and a high forecast of 1.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Analyst Rating

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 1.570

Low

1.25

Averages

1.25

High

1.25

Current: 1.570

Low

1.25

Averages

1.25

High

1.25

H.C. Wainwright

NULL -> Buy

upgrade

$2

2026-01-21

Reason

H.C. Wainwright

Price Target

$2

AI Analysis

2026-01-21

upgrade

NULL -> Buy

Reason

H.C. Wainwright raised the firm's price target on Gold Resource to $2 from $1.25 and keeps a Buy rating on the shares. The firm cites its higher commodity price deck for the target bump.

H.C. Wainwright

Buy

maintain

2025-08-01

Reason

H.C. Wainwright

Price Target

2025-08-01

maintain

Buy

Reason

H.C. Wainwright raised the firm's price target on Gold Resource to $1.50 from $1.25 and keeps a Buy rating on the shares following the company's first half of 2025 drilling update.

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About GORO

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. Base metals, critical to the United States, are also produced as a by-product. The Company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, United States. Back Forty is a 100%-owned development-stage project delineating a gold-rich volcanogenic massive sulfide (VMS) deposit located along the mineral-rich Penokean Volcanic Belt in Michigan’s Upper Peninsula. Its segments include Oaxaca, Mexico, and Michigan, U.S.A. Oaxaca, Mexico represents the Company’s only operating segment with a production stage property that produces copper, lead, and zinc concentrates that also contain gold and silver. Michigan, U.S.A. is an advanced exploration stage property with no current metal production.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.