Gold Resource Corp (NYSEMKT:GORO) Institutional Investor Sentiment Trend

June 13, 2018 - By Vivian Park

Sentiment for Gold Resource Corp (NYSEMKT:GORO)

Gold Resource Corp (NYSEMKT:GORO) institutional sentiment decreased to 1.17 in Q1 2018. Its down -0.29, from 1.46 in 2017Q4. The ratio has worsened, as 34 investment managers started new or increased equity positions, while 29 decreased and sold their stakes in Gold Resource Corp. The investment managers in our partner’s database now have: 22.12 million shares, up from 21.67 million shares in 2017Q4. Also, the number of investment managers holding Gold Resource Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 24 Increased: 21 New Position: 13.

Gold Resource Corporation explores for and produces gold and silver in Mexico and the United States. The company has market cap of $352.54 million. It also explores for copper, lead, and zinc. It has a 77 P/E ratio. The companyÂ’s flagship property is the El Aguila project comprising 17 mining concessions aggregating approximately 30,074 hectares located in the State of Oaxaca.

The stock increased 1.82% or $0.11 during the last trading session, reaching $6.16. About 665,718 shares traded or 117.42% up from the average. Gold Resource Corporation (NYSEMKT:GORO) has risen 71.63% since June 13, 2017 and is uptrending. It has outperformed by 59.06% the S&P500.

Van Eck Associates Corp holds 0.1% of its portfolio in Gold Resource Corporation for 4.27 million shares. Fuller & Thaler Asset Management Inc. owns 846,300 shares or 0.04% of their US portfolio. Moreover, Stone Ridge Asset Management Llc has 0.02% invested in the company for 90,182 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Engineers Gate Manager Lp, a New York-based fund reported 22,949 shares.

Since January 1, 0001, it had 0 buys, and 3 sales for $369,531 activity.

Gold Resource Corporation (NYSEAMERICAN:GORO) Institutional Positions Chart

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