Gold Resource Co. (NYSEAMERICAN:GORO) declared a monthly dividend on Tuesday, February 27th, Wall Street Journal reports. Investors of record on Monday, March 12th will be given a dividend of 0.0017 per share by the basic materials company on Friday, March 23rd. This represents a $0.02 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend is Friday, March 9th.
Gold Resource (GORO) traded down $0.06 during trading hours on Wednesday, reaching $4.53. The company had a trading volume of 151,728 shares, compared to its average volume of 360,473. Gold Resource has a twelve month low of $3.08 and a twelve month high of $5.05. The firm has a market cap of $256.28, a price-to-earnings ratio of 22.95 and a beta of 0.52.
A hedge fund recently raised its stake in Gold Resource stock. The Manufacturers Life Insurance Company raised its holdings in shares of Gold Resource Co. (NYSEAMERICAN:GORO) by 9.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,408 shares of the basic materials company’s stock after acquiring an additional 3,612 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.07% of Gold Resource worth $172,000 as of its most recent SEC filing.
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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.
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