Fred PGeo - Gold Resource Resource Geologist
| GORO Stock | USD 0.56 0.01 1.75% |
Insider
Fred PGeo is Resource Geologist of Gold Resource
| Phone | 303 320 7708 |
| Web | https://www.goldresourcecorp.com |
Gold Resource Management Efficiency
The company has return on total asset (ROA) of (0.1119) % which means that it has lost $0.1119 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.0079) %, meaning that it created substantial loss on money invested by shareholders. Gold Resource's management efficiency ratios could be used to measure how well Gold Resource manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | INSIDER Age | ||
| Sean Keating | New Gold | N/A | |
| Anne Toutant | IAMGold | 55 | |
| Paul Wright | Galiano Gold | 65 | |
| Marthinus Theunissen | IAMGold | 45 | |
| Asc BSc | New Gold | N/A | |
| Tim Smith | GoldMining | N/A | |
| BSc MSc | IAMGold | 61 | |
| Ankit Shah | New Gold | N/A | |
| Segun Odunuga | McEwen Mining | 51 | |
| Merri Sanchez | McEwen Mining | N/A | |
| II MSc | Sandstorm Gold Ltd | N/A | |
| Amir Adnani | GoldMining | 47 | |
| Gordon Fretwell | Galiano Gold | 66 | |
| BCom BComm | Endeavour Silver Corp | N/A | |
| Francisco Gameros | Endeavour Silver Corp | N/A | |
| Christine CGA | Endeavour Silver Corp | 58 | |
| John CPA | Fortitude Gold Corp | 74 | |
| Todd Romaine | Galiano Gold | N/A | |
| Ruben Wallin | McEwen Mining | 52 | |
| Frederick Attakumah | Galiano Gold | N/A | |
| Ken Pickering | Endeavour Silver Corp | 72 | |
Management Performance
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.11 |
Gold Resource Leadership Team
Elected by the shareholders, the Gold Resource's board of directors comprises two types of representatives: Gold Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gold. The board's role is to monitor Gold Resource's management team and ensure that shareholders' interests are well served. Gold Resource's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gold Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Armando PEng, Chief Officer | ||
| Alberto Reyes, Chief Officer | ||
| Chet Holyoak, Interim Controller | ||
| Comm BCom, Pres CEO | ||
| Fred PGeo, Resource Geologist | ||
| Steve Donohue, Vice Affairs | ||
| Kimberly Perry, Independent Director | ||
| Patrick Frenette, Vice Services | ||
| Alberto BE, Chief Officer |
Gold Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gold Resource a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -1.01 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.00) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 67.41 M | ||||
| Shares Outstanding | 136.45 M | ||||
| Shares Owned By Insiders | 0.60 % | ||||
| Shares Owned By Institutions | 11.75 % | ||||
| Number Of Shares Shorted | 1.86 M | ||||
| Price To Earning | 12.54 X |
Pair Trading with Gold Resource
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold Resource will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gold Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold Resource to buy it.
The correlation of Gold Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Resource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Precious Metals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.