H.C. Wainwright cuts Gold Resource stock price target on valuation

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Brent oil hovers near $115 after retreating from earlier spike amid supply fears What happens next in Hormuz? ING outlines three scenarios European stocks lower amid central bank decisions, oil prices surge Gold prices pinned below $4,900/oz as rate uncertainty dulls safe haven appeal FLASH SALE (South Africa Philippines Nigeria) FLASH SALE H.C. Wainwright cuts Gold Resource stock price target on valuation By Analyst Ratings Published 03/19/2026, 07:44 AM H.C. Wainwright cuts Gold Resource stock price target on valuation 0 GORO -5.65% Investing.com - H.C. Wainwright lowered its price target on Gold Resource Corp (NYSE:GORO) to $1.75 from $2.00 while maintaining a Buy rating on the stock. The company recorded revenue of $99.8 million in 2025 and incurred a net loss of $6.5 million, or $0.05 per share. Results compare to 2024 revenue of $65.7 million and a net loss of $56.5 million, or $0.61 per share. The stock currently trades at $1.17, down 16% over the past week, though it has delivered a remarkable 145% return over the past year. InvestingPro data reveals the company suffers from weak gross profit margins of just 9.5%, and analysis suggests the stock is slightly overvalued relative to its Fair Value. The firm’s Don David Gold Mine showed improvement during the year. The company has received a merger proposal, according to H.C. Wainwright. Gold Resource transitioned to a new fleet and contract mining following equipment issues in 2024 and 2025. Management guided to total cash flow of $52.2 million for 2026. H.C. Wainwright stated: "We view GORO as properly leveraged to the current commodity environment and expect ongoing profitability given current metal prices." In other recent news, Gold Resource Corporation has announced a significant development involving its acquisition by Goldgroup Mining Inc. The all-stock transaction is valued at approximately $372 million, with Gold Resource stockholders set to rec...