M&T Bank Corp grew its position in shares of Gold Resource Co. (NASDAQ:GORO) by 19.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,275 shares of the basic materials company’s stock after purchasing an additional 5,000 shares during the quarter. M&T Bank Corp owned approximately 0.05% of Gold Resource worth $123,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the business. Federated Investors Inc. PA grew its holdings in shares of Gold Resource by 29,489.8% during the second quarter. Federated Investors Inc. PA now owns 243,228 shares of the basic materials company’s stock worth $992,000 after buying an additional 242,406 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Gold Resource by 3.6% during the first quarter. Vanguard Group Inc. now owns 2,191,542 shares of the basic materials company’s stock worth $9,906,000 after buying an additional 77,065 shares during the last quarter. Global X Management Co. LLC grew its holdings in shares of Gold Resource by 234.0% during the first quarter. Global X Management Co. LLC now owns 49,603 shares of the basic materials company’s stock worth $224,000 after buying an additional 34,750 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Gold Resource by 30.6% during the first quarter. Parametric Portfolio Associates LLC now owns 226,237 shares of the basic materials company’s stock worth $1,023,000 after buying an additional 53,034 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Gold Resource by 2.9% during the first quarter. Geode Capital Management LLC now owns 452,693 shares of the basic materials company’s stock worth $2,046,000 after buying an additional 12,674 shares during the last quarter.

Gold Resource Co. (NASDAQ GORO) opened at 3.75 on Wednesday. Gold Resource Co. has a 12-month low of $3.08 and a 12-month high of $6.45. The stock has a market cap of $213.15 million and a price-to-earnings ratio of 68.18. The company’s 50 day moving average price is $3.85 and its 200-day moving average price is $3.86.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 23rd. Investors of record on Wednesday, October 11th will be given a dividend of $0.0017 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Tuesday, October 10th.

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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.

Institutional Ownership by Quarter for Gold Resource (NASDAQ:GORO)

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