Gold Resource Co. (GORO) Position Boosted by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its holdings in shares of Gold Resource Co. (NASDAQ:GORO) by 125.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,948 shares of the basic materials company’s stock after acquiring an additional 74,008 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.23% of Gold Resource worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Gold Resource by 138.6% during the second quarter. JPMorgan Chase & Co. now owns 106,347 shares of the basic materials company’s stock valued at $434,000 after acquiring an additional 61,773 shares in the last quarter. Federated Investors Inc. PA raised its holdings in shares of Gold Resource by 29,489.8% during the second quarter. Federated Investors Inc. PA now owns 243,228 shares of the basic materials company’s stock valued at $992,000 after acquiring an additional 242,406 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Gold Resource by 3.6% during 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 acquiring an additional 77,065 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in shares of Gold Resource by 30.6% during the first quarter. Parametric Portfolio Associates LLC now owns 226,237 shares of the basic materials company’s stock valued at $1,023,000 after acquiring an additional 53,034 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Gold Resource by 2.9% during 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 acquiring an additional 12,674 shares in the last quarter.

Gold Resource Co. (GORO) opened at $3.85 on Monday. Gold Resource Co. has a twelve month low of $3.08 and a twelve month high of $6.27.

Gold Resource (NASDAQ:GORO) last posted its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $31.12 million during the quarter. Gold Resource had a return on equity of 15.94% and a net margin of 14.72%.

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 24th. Shareholders of record on Monday, November 13th will be issued a $0.0017 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.02 dividend on an annualized basis and a yield of 0.52%.

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Gold Resource 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.

Institutional Ownership by Quarter for Gold Resource (NASDAQ:GORO)

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