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 $3.74.
According to TipRanks.com, Ihle has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.4% and a 29.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gold Resource Corp with a $7.75 average price target.
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Gold Resource Corp’s market cap is currently $245.3M and has a P/E ratio of 85.00. The company has a Price to Book ratio of 1.59.
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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.
