Gold Resource Co. (NYSEAMERICAN:GORO) announced a monthly dividend on Tuesday, February 27th, Wall Street Journal reports. Shareholders of record on Monday, March 12th will be paid a dividend of 0.0017 per share by the basic materials company on Friday, March 23rd. This represents a $0.02 annualized dividend and a yield of 0.44%. The ex-dividend date is Friday, March 9th.
Shares of Gold Resource (NYSEAMERICAN:GORO) traded down $0.06 during trading on Wednesday, reaching $4.53. The company’s stock had a trading volume of 151,728 shares, compared to its average volume of 360,473. The company has a market cap of $256.28, a P/E ratio of 22.95 and a beta of 0.52. Gold Resource has a 52-week low of $3.08 and a 52-week high of $5.05.
An institutional investor recently raised its position in Gold Resource stock. The Manufacturers Life Insurance Company lifted its position in Gold Resource Co. (NYSEAMERICAN:GORO) by 9.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,408 shares of the basic materials company’s stock after buying an additional 3,612 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.07% of Gold Resource worth $172,000 at the end of the most recent reporting period.
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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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