The COO of Gold Resource Corp (GORO) is Selling Shares


Today, the COO of Gold Resource Corp (NYSE MKT: GORO), Richard Irvine, sold shares of GORO for $136.2K.

In addition to Richard Irvine, 6 other GORO executives reported Sell trades in the last month. Following Richard Irvine’s last GORO Sell transaction on May 16, 2014, the stock climbed by 2.6%.

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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 $378.9M and the company has a P/E ratio of 73.86. Currently, Gold Resource Corp has an average volume of 358.3K.

In the last 30 days, insiders have sold $1.69M worth of GORO shares and purchased $115K worth of GORO shares. The insider sentiment on Gold Resource Corp has been negative according to 22 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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