WinstonWınston
Gold Resource Corporation logo

Gold Resource Corporation

GORO
45
Gold · Basic Materials
Price
$1.00
+0.07 (+7.79%)
Market Cap
$137.1M
Exchange
New York Stock Exchange American
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.

Share count rising — dilution

+81.6% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 75.6M (2021) → 137.3M (2025)

Gold Resource Corporation is a small mining company that digs gold and silver out of the ground. It operates mines in the United States, specifically in Nevada and Colorado, where it extracts precious metals and sells them to refiners and metal buyers. The company is known for historically paying monthly dividends to shareholders, which was an unusual feature for a small miner.

The company makes money by selling the gold, silver, copper, and other metals it mines. It operates entirely in North America, which reduces some political risk compared to miners working in less stable regions. Gold Resource is a small company with a market cap around $200 million, meaning it has limited financial resources to absorb cost overruns or production setbacks. The main risk the company faces is that falling gold prices or rising mining costs could quickly squeeze its already modest profit margins, making consistent production from its mines critical to staying profitable.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+235.5% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+141.9% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

0.9%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

$31M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Gold Resource Corporation grew revenue 236% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
35.9%
Modest — 35.9% gross margin
Operating Margin
29.6%
Excellent — 29.6% operating margin
ROCE
8.4%
Below par — 8.4% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+119.7%
Fast-growing sales (119.7% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
585%
Turns 585% of profit into real cash
FCF Margin
9.0%
Modest free cash flow (9.0%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.96
Elevated debt (1.96)
Interest Cover
33.53x
Comfortably covers interest (33.5x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
21.4x
Growth-priced — P/E 21.4

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial