Today, We explore the Gold Resource Corp Share Price Predictions for 2024, 2025 to 2030. If you want to know how the stock share price potentially possible to reach in future? Then you are on the right place where we provide share price predictions for upcoming years through technical and Fundamental analysis.
What is Gold Resource Corp.?
Gold Resource Corporation is involved in the exploration, advancement, and extraction of gold and silver ventures situated in Mexico and the United States. The company also conducts exploration for copper, lead, and zinc resources. Its primary holding is the Back Forty project, which spans approximately 1,304 hectares and is fully owned by the company.
Situated in Menominee County, Michigan, this project is a significant asset for Gold Resource Corporation. Established in 1998, the company is based in Denver, Colorado.
Company Profile
| Country | United States |
| Founded | 1998 |
| Industry | Gold |
| Sector | Materials |
| Employees | 581 |
| CEO | Allen Joseph Palmiere B. Comm., B.Com., C.A. |
| Ticker Symbol | GORO |
| Exchange | NYSE American |
| Website | goldresourcecorp.com |
| Market Cap | $54.14M |
| Revenue (ttm) | $97.73M |
| Net Income (ttm) | -$16.02M |
| Shares Out | 88.76M |
| EPS (ttm) | -$0.18 |
| Year | Low Estimate | High Estimate |
|---|---|---|
| 2024 | $0.00967 | $5.38 |
| 2025 | $4.1317 | $20.3 |
| 2026 | $15.50 | $22.05 |
| 2027 | $20.55 | $42.40 |
| 2028 | $38.5 | $55.6 |
| 2029 | $50.42 | $95.46 |
| 2030 | $90.4 | $150.7 |
| 2035 | $280.6 | $355.8 |
| 2040 | $500 | $550 |
| 2045 | $1500 | $1800 |
| 2050 | $2000 | $3000 |
| Year | GORO Share Price Prediction 2024 |
|---|---|
| 2024 | $5.38 |
Our analysts providing 12-month price predictions for Gold Resource Corp (GORO) anticipate a share price target of $5.38. This median forecast reflects a potential upside of 500.38% from the most recent price of $0.35
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| Year | GORO Share Price Prediction 2025 |
|---|---|
| 2025 | $15.2–$20.3 |
According to our technical indicators, the present sentiment is optimistic, suggesting that GORO could potentially reach between $15.2 – $20.3 by 2025. This could present an opportune moment to initiate new positions on GORO, considering that trading in bullish markets tends to be more straightforward.
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| Year | GORO Share Price Prediction 2030 |
|---|---|
| 2030 | $100.5-$150.8 |
The projected average price for Gold Resource Corp Stock (GORO) in 2030 is $100.9552, with a high forecast of $150.5557 and a low forecast of $80.3547. This indicates a significant surge of +1982.56% from the last recorded price of $0.6065.
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| Year | GORO Share Price Prediction 2040 |
|---|---|
| 2040 | $500-$550 |
According to the Market Indicators, Gold Resource Corp share price expected to hit $500-$550 at the end of 2040.
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