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Comparative Analysis of Gold Resource Corporation and Its Peers

- (Last modified: Jan 13, 2025 8:57 AM)

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  • Gold Resource Corporation (AMEX:GORO) is facing a pessimistic outlook with a potential downside of approximately 20.43%.
  • IAMGOLD Corporation (IAG) is trading significantly above its DCF valuation despite a positive EPS and P/E ratio.
  • Harmony Gold Mining Company Limited (HMY) shows a more optimistic outlook among peers and a dividend yield of 1.40%.

Gold Resource Corporation (AMEX:GORO) is a mining company that focuses on the exploration and production of gold and silver. Currently, GORO's stock is trading at $0.272, with a target price of $0.216. This suggests a potential downside of approximately 20.43%, leading to a pessimistic outlook from investment analysts. As a result, GORO is excluded from coverage.

IAMGOLD Corporation (IAG) is one of GORO's closest peers. IAG's current stock price is $5.65, but its discounted cash flow (DCF) valuation is $2.98, indicating a price difference of -47.19%. Despite having a positive earnings per share (EPS) of $1.35 and a price-to-earnings (P/E) ratio of 12.89, the stock is trading significantly above its DCF valuation.

Coeur Mining, Inc. (CDE) is another peer, with a current price of $6.44 and a DCF valuation of $3.47. This results in a price difference of -46.06%. CDE has a negative EPS of -$0.01 and a negative P/E ratio of -10.79, reflecting financial challenges. The stock is also trading well above its DCF valuation.

Harmony Gold Mining Company Limited (HMY) shows the highest growth potential among GORO's peers. HMY's current price is $8.61, with a DCF valuation of $7.41, leading to a price difference of -13.90%. With an EPS of $0.73 and a P/E ratio of 11.96, HMY presents a more optimistic outlook. Additionally, it offers a dividend yield of 1.40%, making it attractive to investors seeking income.

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