The VP Corp. Dev of Gold Resource Corp is Exercising Options


Today, the VP Corp. Dev of Gold Resource Corp, Gregory Patterson, exercised options of Gold Resource Corp (NYSE MKT: GORO) for $201.3K.

In addition to Gregory Patterson, one other GORO executive 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 $350.8M and the company has a P/E ratio of 67.66. Currently, Gold Resource Corp has an average volume of 399.2K.

The insider sentiment on Gold Resource Corp has been negative according to 15 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Gregory Patterson’s trades have generated a 5.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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