The CFO of Gold Resource Corp is Exercising Options


Today, the CFO of Gold Resource Corp, John Labate, exercised options of Gold Resource Corp (NYSE MKT: GORO) for $389.4K.

In addition to John Labate, 4 other GORO executives reported Sell trades in the last month.

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Based on Gold Resource Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $31.58 million and quarterly net profit of $5.46 million. In comparison, last year the company earned revenue of $24.34 million and had a net profit of $4.38 million. GORO’s market cap is $374.9M and the company has a P/E ratio of 72.54. Currently, Gold Resource Corp has an average volume of 164K.

In the last 30 days, insiders have sold $1.33M worth of GORO shares and purchased $115K worth of GORO shares. The insider sentiment on Gold Resource Corp has been negative according to 20 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Gold Resource Corp. engages in the exploration, development, and production of metal concentrates and doré. Its products include gold, silver, copper, lead, and zinc. It operates through the following geographical segments: Mexico; Nevada; and Corporate Other.

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