Gold Resource Corporation (GORO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Gold Resource Corporation stock $2.14, price $3.15, that is 32.1% below the price, quality 58 out of 100. Rating: overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $0.0400 – $6.28 · fair‑value band $1.64 – $2.80 · the $3.15 price screens above the $2.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in the United States. The company also explores copper, lead, and zinc deposits.
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The company holds 100% interest in the Don David gold mine, including two production stage and four exploration stage properties located in Oaxaca, Mexico that cover approximately 55,119 hectares.
It also holds 100% interest in the Back Forty project covering approximately 1,304 hectares located in Menominee County, Michigan. The company was incorporated in 1998 and is headquartered in Denver, Colorado.
Stock analysis
Gold Resource Corporation (GORO) currently trades at $3.15, while our model-based Fair Value estimate is $2.14, 32% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $1.16 per share, and 0 of the 12 models we run sit above the $3.15 price.
Bear case: the Earnings-Based group reads lowest at $0.6100, and 12 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: $1.64 (bear) to $2.80 (bull), the price of $3.15 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Gold Resource Corporation reported revenue of $93.3M in FY2025 versus $124M in FY2021, a compound −6.9%/yr. Reported net income was −$6.5M in FY2025.
Key figures
Market cap $532M Small · P/S ratio 9.62 · EPS (TTM) $−0.4000 · Net margin −46.6% · Return on equity 18.0% · Return on assets (EBIT) −1.9% (5-year average) · Operating margin 20.3% · Revenue (TTM) $55.3M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (medium confidence).
What moves the price
The share trades about 50% below its 52-week high and 58% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −12% fair-value upside, at −32%, GORO screens richer than that median.
Fair Value models
Bear$1.64Fair Value $2.14Bull$2.80
Price $3.15 · Downside -32.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$0.8200$1.07$1.4082
Growth DCF$0.8200$1.05$1.3380
5Y EBITDA Exit$0.9800$1.47$2.0275
All 12 models by family
DCF Models
FCF DCF$0.8200$1.07$1.4082
5Y Revenue Exit$0.7400$1.03$1.3973
5Y EBITDA Exit$0.9800$1.47$2.0275
10Y Revenue Exit$0.7500$1.00$1.3268
10Y EBITDA Exit$0.9000$1.27$1.7469
Earnings-Based
EPV$0.5600$0.6100$0.660074
Multiples
EV/EBIT$0.9100$1.16$1.4166
EV/EBITDA$1.23$1.59$1.9567
EV/Revenue$0.7300$0.9800$1.2254
Asset-Based
NCAV (Graham)$0.1300$0.1700$0.260054
Growth DCF
Growth DCF$0.8200$1.05$1.3380
Economic Profit
ROIC Compounder$0.5700$0.6400$0.720072
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.35/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+44.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−12.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.6%
Start year 2020 (pandemic). Over 10 years: +0.1% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+91.3%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
18.7% (2020) → 13.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+73.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +69.8% a year for the price.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 206 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−32.1% · Below median
Profitability
Return on equity (12 months)18.0% · Above median
Return on assets−3.5% · Below median
Net margin (12 months)−46.6% · Bottom 25%
Operating margin (12 months)20.3% · Below median
Growth and dividend
Revenue growth (quarter YoY)293.5% · Top 25%
Balance sheet
Debt / equity0.00× · Below median
Valuation Multiplesvs Gold median · lower = cheaper
P/B12.09× · Priciest 25%
P/S (12 months)9.62× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 100
PAST (return on equity)72· sector 44
HEALTH (low debt)100· sector 99
DIVIDEND (yield)0· sector 24
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Gold Resource Corporation (GORO) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $2.14 versus a price of $3.15, about 32% lower (overvalued).
What is the fair value of GORO?
Our model-based fair value for Gold Resource Corporation is $2.14 (as of Nov 8, 2026), built from audited fundamentals. The current price: $3.15.
What is the quality score of GORO?
Gold Resource Corporation has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Gold Resource Corporation (GORO)?
Our model-based price target is the fair value of $2.14 (as of Nov 8, 2026) from 12 valuation models. Cautious scenario $1.64, optimistic scenario $2.80. It is a calculation from audited fundamentals, not an analyst target.
What is the Gold Resource Corporation stock forecast for 2026?
Our models put fair value at $2.14, about 32% lower versus a price of $3.15 (overvalued). Cautious scenario $1.64, optimistic scenario $2.80. The calculation is refreshed regularly with new filings.
What is the revenue of Gold Resource Corporation (GORO)?
Gold Resource Corporation reported trailing-twelve-month revenue of about $55.3M (latest available figure, as of Nov 8, 2026).
What growth is priced into Gold Resource Corporation (GORO)?
For today's price to be fair in a discounted-cash-flow model, Gold Resource Corporation would have to grow free cash flow by +73.8 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.6 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of GORO use?
Our models discount Gold Resource Corporation at 11.2 %: a base by market capitalisation (small), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Gold Resource Corporation that is +73.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Gold Resource Corporation (GORO) delivered so far?
Over the past 5 years revenue at Gold Resource Corporation grew +0.6 % a year. The price currently implies free-cash-flow growth of +73.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Gold Resource Corporation (GORO) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Gold Resource Corporation (+73.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Gold Resource Corporation (GORO)?
The free-cash-flow yield on the price is 0.27 %: that much free cash flow Gold Resource Corporation produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Gold Resource Corporation (GORO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Gold Resource Corporation it is $2.14 per share (as of Nov 8, 2026), against a price of $3.15. It is the blended result of 12 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Gold Resource Corporation stock overvalued or undervalued in 2026?
As of Nov 8, 2026, GORO trades above its calculated fair value: price $3.15, fair value $2.14, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GORO?
No. The price is what the market pays today ($3.15); the fair value is what the company's own numbers justify ($2.14). For Gold Resource Corporation the two are $1.01 per share apart. That gap is exactly why we show both numbers side by side.
How much is Gold Resource Corporation worth?
The market values Gold Resource Corporation at about $532M (market capitalisation, as of Nov 8, 2026). Per share that is $3.15; our models calculate a fair value of $2.14 per share.
What do the bullish and bearish scenarios say about GORO?
Our models span a range for Gold Resource Corporation: cautious scenario $1.64, base $2.14, optimistic $2.80 per share (as of Nov 8, 2026, price $3.15). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Gold Resource Corporation (GORO)?
Balance-sheet figures for Gold Resource Corporation (as of Nov 8, 2026): return on equity 18.0%, debt of 0.00 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is GORO from its 52-week high?
Gold Resource Corporation trades at $3.15, about 50% below its 52-week high of $6.28 and 58% above the low of $2.00 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $2.14 is for.
Which stocks are comparable to Gold Resource Corporation?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Gold Resource Corporation stock attractive at the current price?
The data as of Nov 8, 2026: price $3.15, calculated fair value $2.14 (−32%), Quality Score 58/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GORO calculated?
We run Gold Resource Corporation through 12 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $2.14 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Gold Resource Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Gold Resource Corporation (GORO)?
The closing price on Nov 6, 2026 was $3.15. Our model-based fair value is $2.14, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Gold Resource Corporation right now?
The price sits above even our optimistic bull case ($2.80). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Gold Resource Corporation
How large is the market capitalisation of Gold Resource Corporation (GORO)?
The market capitalisation of Gold Resource Corporation is $532M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Gold Resource Corporation (GORO)?
The price-to-sales ratio of Gold Resource Corporation is 9.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Gold Resource Corporation (GORO)?
Earnings per share at Gold Resource Corporation are $−0.4000. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Gold Resource Corporation (GORO)?
The net margin of Gold Resource Corporation is −46.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Gold Resource Corporation (GORO)?
The return on equity (ROE) of Gold Resource Corporation is 18.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Gold Resource Corporation (GORO)?
On an EBIT basis the return on assets of Gold Resource Corporation is −1.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Gold Resource Corporation (GORO)?
The operating margin of Gold Resource Corporation is 20.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Gold Resource Corporation (GORO)?
Revenue at Gold Resource Corporation is growing +294% versus a year earlier (3y avg −12.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Gold Resource Corporation (GORO)?
Earnings per share at Gold Resource Corporation are growing +74.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Gold Resource Corporation (GORO) hold?
Gold Resource Corporation holds more cash than debt, $25.0M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 8, 2026