H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Gold Resource Corp (GORO) today and set a price target of $7.75. The company’s shares closed last Monday at $3.41.
According to TipRanks.com, Ihle ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.1% and a 32.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.
Currently, the analyst consensus on Gold Resource Corp is a Moderate Buy with an average price target of $7.75.
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The company has a one-year high of $6.42 and a one-year low of $2.73. Currently, Gold Resource Corp has an average volume of 931.1K.
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Gold Resource Corp. is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. It engages in the exploration, development, and production of metal concentrates and dore. Its products include gold, silver, copper, lead, and zinc.
