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Shares of Gold Resource (NASDAQ:GORO) hit a new 52-week low during mid-day trading on Thursday , Analyst Ratings Net reports. The company traded as low as $4.43 and last traded at $4.47, with a volume of 348,863 shares traded. The stock had previously closed at $4.61.

A number of research firms have recently commented on GORO. Analysts at Zacks downgraded shares of Gold Resource from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 23rd. They now have a $4.50 price target on the stock. Separately, analysts at TheStreet downgraded shares of Gold Resource from a “hold” rating to a “sell” rating in a research note on Monday, April 21st.

The stock has a 50-day moving average of $4.95 and a 200-day moving average of $5.02. The company has a market cap of $241.1 million and a P/E ratio of 2305.00.

The company also recently declared a apr 14 dividend, which is scheduled for Friday, May 23rd. Stockholders of record on Monday, May 12th will be given a dividend of $0.01 per share. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, May 8th.

Gold Resource Corporation is engaged in the exploration for and production of gold and silver in Mexico.

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