GORO Should I Buy
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Gold Resource Corp (GORO) is not a strong buy for a beginner investor with a long-term strategy at this time. While the stock has a bullish moving average trend and a recent price target increase from analysts, the company's financial performance has been weak, with declining net income, EPS, and gross margin. Additionally, the lack of significant positive catalysts, neutral trading sentiment, and no recent signals from Intellectia Proprietary Trading Signals suggest that waiting for more favorable conditions or stronger signals would be prudent.
The stock's MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 51.569, and the moving averages show a bullish trend (SMA_5 > SMA_20 > SMA_200). Key support and resistance levels are Pivot: 1.526, R1: 1.71, S1: 1.343, R2: 1.823, S2: 1.23. However, the stock has shown a -3.66% regular market change and a -1.27% post-market change, reflecting short-term weakness.
Analyst H.C. Wainwright raised the price target from $1.25 to $2, citing higher commodity price expectations. The stock has a bullish moving average trend.
The company's financials for Q3 2025 show a significant decline in net income (-63.28% YoY), EPS (-78.57% YoY), and gross margin (-138.28% YoY). No recent news or significant trading activity from hedge funds, insiders, or Congress. The stock has an 80% chance of a -2.18% decline in the next day and a -3.46% decline in the next month.
In Q3 2025, revenue increased by 87.45% YoY to $24.88M. However, net income dropped to -$4.66M (-63.28% YoY), EPS fell to -0.03 (-78.57% YoY), and gross margin dropped to 25.01 (-138.28% YoY), indicating significant profitability challenges.
H.C. Wainwright maintains a Buy rating and raised the price target to $2 from $1.25, citing higher commodity price expectations. No other recent analyst updates.
