Gold Resource Co. (GORO) Declares Monthly Dividend of $0.00
Gold Resource Co. (NASDAQ:GORO) declared a monthly dividend on Tuesday, June 27th, Wall Street Journal reports. Investors of record on Tuesday, July 11th will be given a dividend of 0.0017 per share by the basic materials company on Monday, July 24th. This represents a $0.02 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Friday, July 7th.
Shares of Gold Resource (NASDAQ GORO) traded down 1.72% during trading on Tuesday, reaching $4.01. The company had a trading volume of 598,711 shares. The firm has a market capitalization of $227.92 million and a P/E ratio of 28.04. The company has a 50 day moving average of $3.65 and a 200-day moving average of $4.46. Gold Resource has a 52-week low of $3.08 and a 52-week high of $8.22.
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A number of large investors have recently added to or reduced their stakes in the stock. Metropolitan Life Insurance Co. NY bought a new stake in Gold Resource during the first quarter worth approximately $162,000. California Public Employees Retirement System increased its stake in shares of Gold Resource by 27.7% in the first quarter. California Public Employees Retirement System now owns 79,300 shares of the basic materials company’s stock valued at $358,000 after buying an additional 17,200 shares during the period. Geode Capital Management LLC increased its stake in shares of Gold Resource by 2.9% in the first quarter. Geode Capital Management LLC now owns 452,693 shares of the basic materials company’s stock valued at $2,046,000 after buying an additional 12,674 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Gold Resource by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 726,145 shares of the basic materials company’s stock valued at $3,282,000 after buying an additional 43,396 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Gold Resource by 3.6% in the first quarter. Vanguard Group Inc. now owns 2,191,542 shares of the basic materials company’s stock valued at $9,906,000 after buying an additional 77,065 shares during the period.
Gold Resource Company Profile
Gold Resource Corporation is a mining company. The Company is a producer of metal concentrates that contain gold, silver, copper, lead and zinc, and dore containing gold and silver at the Aguila Project within its Oaxaca Mining Unit located in the southern state of Oaxaca, Mexico. The Company has two units in North America, the Oaxaca Mining Unit and the Nevada Mining Unit.
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