Federated Investors Inc. PA raised its stake in Gold Resource Co. (NASDAQ:GORO) by 29,489.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,228 shares of the basic materials company’s stock after acquiring an additional 242,406 shares during the period. Federated Investors Inc. PA owned 0.43% of Gold Resource worth $992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GORO. Teachers Advisors LLC boosted its stake in Gold Resource by 7.0% in the fourth quarter. Teachers Advisors LLC now owns 87,160 shares of the basic materials company’s stock valued at $379,000 after acquiring an additional 5,669 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Gold Resource by 6.9% in the first quarter. Bank of New York Mellon Corp now owns 253,066 shares of the basic materials company’s stock valued at $1,144,000 after acquiring an additional 16,377 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Gold Resource by 30.6% in the first quarter. Parametric Portfolio Associates LLC now owns 226,237 shares of the basic materials company’s stock valued at $1,023,000 after acquiring an additional 53,034 shares in the last quarter. Oxford Asset Management acquired a new position in Gold Resource in the first quarter valued at $196,000. Finally, Seizert Capital Partners LLC acquired a new position in Gold Resource in the first quarter valued at $325,000.
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Gold Resource Co. (NASDAQ:GORO) opened at 3.84 on Friday. Gold Resource Co. has a 1-year low of $3.08 and a 1-year high of $8.22. The firm has a 50-day moving average of $3.80 and a 200 day moving average of $3.97. The firm has a market cap of $218.26 million and a P/E ratio of 69.82.
The business also recently disclosed a monthly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 11th will be issued a dividend of $0.0017 per share. This represents a $0.02 annualized dividend and a yield of 0.52%. The ex-dividend date is Friday, September 8th.
Gold Resource Profile
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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