Gold Resource Co. (GORO) to Issue Monthly Dividend of $0.00 on December 26th

Gold Resource Co. (NYSEAMERICAN:GORO) declared a monthly dividend on Tuesday, November 28th, Wall Street Journal reports. Investors of record on Monday, December 11th will be given a dividend of 0.0017 per share by the basic materials company on Tuesday, December 26th. This represents a $0.02 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, December 8th.

Gold Resource (GORO) opened at $3.78 on Thursday. Gold Resource has a one year low of $3.08 and a one year high of $6.27.

Gold Resource (NYSEAMERICAN:GORO) last announced its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $0.08 earnings per share for the quarter. The firm had revenue of $31.12 million for the quarter. Gold Resource had a net margin of 14.72% and a return on equity of 15.94%.

An institutional investor recently raised its position in Gold Resource stock. The Manufacturers Life Insurance Company increased its position in shares of Gold Resource Co. (NYSEAMERICAN:GORO) by 9.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,408 shares of the basic materials company’s stock after purchasing an additional 3,612 shares during the quarter. The Manufacturers Life Insurance Company owned 0.07% of Gold Resource worth $172,000 at the end of the most recent reporting period.

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Gold Resource Company 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.

Dividend History for Gold Resource (NYSEAMERICAN:GORO)

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