Surge in Silver Prices: Silver prices surged over 5% to $56 per ounce, marking the strongest single-day rally in over a year, driven by tightening supplies and concerns over a global shortage, with a year-to-date gain of 95%.
Market Imbalances in China: Significant declines in silver inventories at the Shanghai Futures Exchange and record-high silver exports from China indicate severe market imbalances, contributing to the price increase.
Monetary Policy Expectations: Growing expectations for a Federal Reserve rate cut in December have further fueled silver's rally, with a nearly 90% probability of a 25 basis-point cut.
Interest in Silver Mining Stocks: The rise in silver prices has sparked renewed interest in silver mining equities, with notable gains in several mining stocks and the Global X Silver Miners ETF rising over 12% in just two days.
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
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 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.390
Low
1.25
Averages
1.25
High
1.25
Current: 1.390
Low
1.25
Averages
1.25
High
1.25
H.C. Wainwright
NULL -> Buy
upgrade
$2
2026-01-21
New
Reason
H.C. Wainwright
Price Target
$2
AI Analysis
2026-01-21
New
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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HC Wainwright & Co.
Heiko Ihle
Strong Buy
Maintains
$1.75 → $1.25
2025-03-07
Reason
HC Wainwright & Co.
Heiko Ihle
Price Target
$1.75 → $1.25
2025-03-07
Maintains
Strong Buy
Reason
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.
