Gold Resource Corporation

GORO Basic Materials Gold

Gold Resource Corporation’s revenue for fiscal 2025 (year ended December 2025) was $99.8 million, up 51.8% from fiscal 2024.

Revenue
+293.5%
EPS
+88.0%
Free cash flow
+48.0%

Quarter to June 2026, against a year earlier

3.15 0.01 +0.32%
Market cap
$498.1M
P/E
54.2×
Fwd P/E
0.0×
Dividend yield
—
F-score
7/9
Altman Z
3.10
Beneish M
−1.34
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 498.10
Revenue ttm 147.09
Net income ttm 36.16
Free cash flow ttm 11.33
Net debt Q (15.71)
Valuation
P/E 54.19 (above 35: high)
Forward P/E 0.00
Price / sales 1.61
Forward P/S Powerpack
Price / FCF 20.89
Price / book 0.00
Financial health
Current ratio Q 0.49 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +293.48% (above 0%: growing)
Operating income growth Q +106.52% (above 0%: growing)
EPS, this year +200.00% (at or above 15%: strong)
EPS, next year A +120.00% (at or above 15%: strong)
Revenue, next year A +31.32% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 88.85%
10-year low 10-year high
P/S against its own 10 years 72.42%
10-year low 10-year high
EV/Sales against its own 10 years 73.41%
10-year low 10-year high
EV/FCF against its own 10 years 59.45%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 0.02 ’16
  2. 0.02 ’17 +9
  3. 0.02 ’18 +0
  4. 0.02 ’19 +16
  5. 0.04 ’20 +68
  6. 0.04 ’21 +9
  7. 0.04 ’22 −7
  8. 0.00 ’23 −100
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 6 2 25 16
Receivables 4 2 13 —
Inventory 9 7 8 8
Other — — — —
26 17 49 31
2023 2024 2025 Q'26
Payables 8 11 7 26
ST’ Debt — — — —
Other — — — —
11 14 17 62

Compound Annual Growth %

10y 5y 3y
Sales 0.74% 1.92% (10.41%)
Cash Flow 0.74% 0.46% 15.31%
Earnings 0.00% 0.00% 0.00%
Book Value (6.78%) (13.43%) (26.69%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.03 (0.08) — — —
’25 (0.07) (0.68) (0.03) 0.14 (0.05)
’24 (0.05) (0.30) (0.11) (0.15) (0.61)
’23 (0.01) (0.05) (0.08) (0.13) (0.27)
’22 0.05 0.03 (0.11) (0.04) (0.07)
’21 0.03 0.02 0.02 0.03 0.11
’20 (0.05) (0.03) 0.07 0.06 0.06
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 44 21 — — —
’25 12 5 25 57 100
’24 19 21 13 13 66
’23 31 25 21 21 98
’22 45 37 24 32 139
’21 27 31 29 38 125
’20 22 13 26 30 91
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 15 (9) — — —
’25 (1) (4) 3 24 22
’24 1 0 (3) 1 (1)
’23 1 (1) (7) 2 (5)
’22 4 8 (4) 6 14
’21 7 9 6 13 35
’20 6 (1) 6 9 21
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 (2) — — —
’25 (3) (3) (8) 15 1
’24 (1) (2) (6) 0 (8)
’23 (2) (3) (11) (1) (18)
’22 (2) 3 (8) 2 (4)
’21 3 4 0 8 14
’20 3 (1) 4 3 8
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 83 110 115 120 91 125 139 98 66 100 147 +2.0% 131 104 86 (4.9%)
Gross margin, % 26.95 38.23 29.22 23.80 13.77 29.35 21.44 (5.35) (31.18) 26.84 35.22 (0.1) pt
EBT 9 28 19 15 (1) 18 2 (30) (47) (3) 45 n/m
EBT margin, % 10.99 25.85 16.51 12.88 (0.84) 14.09 1.61 (30.72) (71.87) (3.06) 30.58 (14.0) pt
Net income 4 4 9 6 4 8 (6) (24) (57) (6) 36 n/m
Per share, $
Per share, $ Revenue 1.51 1.94 2.00 1.89 1.30 1.66 1.57 1.10 0.71 0.73 1.97 (7.8%)
Earnings 0.08 0.07 0.16 0.09 0.06 0.11 (0.07) (0.27) (0.61) (0.05) 0.06 n/m
Cash flow 0.32 0.63 0.44 0.38 0.30 0.46 0.16 (0.06) (0.01) 0.16 0.44 (7.7%)
Capex (0.27) (0.45) (0.42) (0.27) (0.18) (0.27) (0.21) (0.14) (0.08) (0.15) (0.29) (6.3%)
Free cash flow 0.05 0.18 0.02 0.11 0.12 0.19 (0.05) (0.20) (0.09) 0.00 0.15 (23.1%)
Book value 1.94 1.97 2.21 2.48 1.30 1.60 1.26 0.91 0.30 0.32 (0.08) (18.1%)
Shares, m 55 57 58 64 70 75 88 89 92 137 129 +10.7%
Valuation, ×
Valuation, × P/E 58.90 24.54 7.04 8.21 14.63 12.00 0.00 0.00 0.00 0.00 54.19 12.5
P/S 2.92 0.83 0.60 0.42 0.62 0.72 0.20 0.08 0.63 6.28 1.61 1.3
P/B 2.27 0.81 0.54 0.32 0.62 0.75 0.25 0.10 1.52 0.00 0.00 0.7
EV/Sales 2.71 0.62 0.53 0.39 0.34 0.80 0.35 0.48 1.30 6.25 1.55 1.4
EV/FCF 81.61 6.69 47.43 6.47 3.68 7.06 (12.00) (2.67) (10.34) 967.62 20.08 109.6
Cash, $m
Cash, $m Operating cash flow 18 36 25 24 21 35 14 (5) (1) 22 33 +2.2%
Capex (15) (25) (24) (17) (13) (21) (18) (12) (8) (21) (21) +3.7%
Free cash flow 3 10 1 7 8 14 (4) (18) (8) 1 11 (14.9%)
Balance, $m
Balance, $m Working capital 20 27 14 23 31 29 21 15 2 32 (32) +5.2%
Net debt (17) (23) (8) (14) (26) (34) (24) (6) (2) (25) (16) +4.1%
Shareholders’ equity 107 112 127 158 91 121 112 80 27 44 (6) (9.4%)
Returns, %
Returns, % ROA 3.90 3.30 6.56 3.40 2.92 4.99 (2.97) (12.25) (34.26) (3.92) 31.77 (7.8) pt
ROIC 6.38 19.92 10.02 6.95 (1.89) 12.67 1.59 (15.42) (67.70) 61.54 0.00 +55.2 pt
ROE 4.48 3.79 7.76 4.09 3.51 7.60 (5.44) (25.12) (104.91) (18.11) 527.59 (22.6) pt
People
People Employees 13 16 7 64 11 16 16 488 465 485 — +49.5%
Revenue/emp, $m 6.40 6.88 16.47 1.88 8.24 7.82 8.67 0.20 0.14 0.21 — (31.8%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Nov 2026

Gold Resource Corporation vs peers in Gold (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GROY Gold Royalty Corp. $720.5M 780× 72.5× +76.09% (above 0%: growing) n/m +246.00% (above 0%: growing) 69.31% 32.26% Compare
MAKO Mako Mining Corp. $685.1M 13.0× — +61.68% (above 0%: growing) +44.67% (above 0%: growing) +25.26% (above 0%: growing) 49.25% 38.22% Compare
NFGC New Found Gold Corp. $631.7M — (loss-making) — — n/m −108.07% (below 0%: shrinking) 12.96% (109.76%) Compare
GAU Galiano Gold Inc. $554.6M 7.7× 3.1× +116.69% (above 0%: growing) +242.86% (above 0%: growing) −414.66% (below 0%: shrinking) 70.07% 49.18% Compare
GORO Gold Resource Corporation $498.1M 54.2× — (loss-making) +293.48% (above 0%: growing) n/m +48.03% (above 0%: growing) 29.51% 8.50%
CTGO Contango Silver & Gold Inc. $497.6M — (loss-making) — — −88.89% (below 0%: shrinking) −209.25% (below 0%: shrinking) 0.00% 0.00% Compare
CMCL Caledonia Mining Corporation PLC $410.5M 5.3× 8.2× +35.13% (above 0%: growing) +202.22% (above 0%: growing) +267.89% (above 0%: growing) 51.61% 54.94% Compare
AUXX Gold X2 Mining Inc. $395.7M — — — — — — — Compare
THM International Tower Hill Mines Ltd $316.6M — (loss-making) — — n/m −36.56% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $526.1M 10.4× 8.2× +68.89% +123.45% −36.56% 49.25% 32.26%

All 46 Gold stocks →

Gold Resource Corporation (GORO) Latest News

15 Oct

Impact 4 · · TMX Newsfile

29 May

7 May

18 Mar

Impact 4 · · Associated Press Finance

27 Jan

Impact 4 · · mining-technology.com
stockrow.com/GORO · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com