Gold Resource Co. (GORO) Plans $0.00 Monthly Dividend
Gold Resource Co. (NASDAQ:GORO) declared a monthly dividend on Tuesday, August 29th, Wall Street Journal reports. Stockholders of record on Monday, September 11th will be paid a dividend of 0.0017 per share by the basic materials company on Monday, September 25th. This represents a $0.02 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Friday, September 8th.
Gold Resource (GORO) opened at 4.07 on Wednesday. The stock’s 50 day moving average price is $3.91 and its 200 day moving average price is $4.17. Gold Resource has a one year low of $3.08 and a one year high of $8.22. The company has a market capitalization of $231.33 million and a P/E ratio of 74.00.
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A hedge fund recently raised its stake in Gold Resource stock. The Manufacturers Life Insurance Company raised its position in Gold Resource Co. (NASDAQ:GORO) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,408 shares of the basic materials company’s stock after buying an additional 3,612 shares during the period. The Manufacturers Life Insurance Company owned about 0.07% of Gold Resource worth $172,000 at the end of the most recent quarter.
About Gold Resource
Gold Resource Corporation is a mining company. The Company is a producer of metal concentrates that contain gold, silver, copper, lead and zinc, and dore containing gold and silver at the Aguila Project within its Oaxaca Mining Unit located in the southern state of Oaxaca, Mexico. The Company has two units in North America, the Oaxaca Mining Unit and the Nevada Mining Unit.
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