Bedrijfsoverzicht
Gold Resource Corporation is a mining entity focused on the exploration, development, and production of gold and silver projects located within the United States, while simultaneously investigating deposits of copper, lead, and zinc. The company operates within the Basic Materials sector, specifically in the industry classified as Other Precious Metals & Mining, which positions it as a primary producer of essential commodities for industrial and monetary use. Its operational scale is defined by a market capitalization of $239.55M, an annual revenue of $99.76M, and a workforce comprising 497 employees. These figures indicate a mid-tier market capitalization status, suggesting the company is established enough to sustain significant operations but remains sensitive to fluctuations in commodity prices and project execution risks typical of the precious metals space.
Financiële gezondheid
The company reported a revenue of $99.76M over the trailing twelve months, yet it recorded a net income of -$6,459,000, revealing a substantial gap between top-line sales and bottom-line profitability driven by high operating expenses or impairment charges. Despite the negative net income, the entity maintains a positive EBITDA of $29.19M, indicating that core operational cash generation before interest and taxes remains robust even after accounting for depreciation and amortization. However, the free cash flow stands at -$14,059,125, which suggests that capital expenditures and working capital requirements currently exceed the cash generated from operations, limiting immediate financial flexibility for non-essential spending. The gross margin sits at 38.1%, reflecting a healthy spread on sales before overhead costs, whereas the operating margin is negative at -20.5%, signaling that general and administrative expenses or depreciation significantly erode pre-tax profits. Furthermore, the profit margin is -6.5%, confirming that the company is currently unprofitable on a net basis. On the balance sheet, the company holds $13.33M in cash against $5.13M in debt, resulting in a debt-to-equity ratio of 3.12, which implies a leveraged capital structure reliant on equity financing rather than debt servicing. The current ratio of 2.85 demonstrates strong short-term liquidity, indicating that the company possesses more than twice the current assets necessary to cover its current liabilities. Return on Equity is negative at -18.1%, showing that shareholder equity is currently being diluted by losses, while Return on Assets stands at 6.4%, suggesting that the asset base is generating positive returns before interest and taxes despite the net loss.
Waarderingsbeoordeling
The valuation metrics present a complex picture, with a P/E Ratio (TTM) listed as N/A due to the negative earnings, while the forward P/E is calculated at 37.00, implying that the market anticipates significant earnings growth in the future to justify current stock prices. The price-to-book ratio is 0.63, indicating that the market values the company at less than its book value, which often occurs in resource sectors where asset values are volatile or include significant intangible exploration costs. Alternative valuation measures include a price-to-sales ratio of 2.40 and an EV/EBITDA of 3.27, suggesting the market is willing to pay a premium relative to sales but values the enterprise earnings at a moderate multiple compared to historical averages. The stock has traded between a 52-week high of $1.87 and a 52-week low of $0.35, meaning the current price sits significantly below the annual peak and reflects a wide trading range driven by sector volatility. The beta of 0.95 indicates that the stock price volatility is generally in line with the broader market movements, moving neither excessively aggressively nor defensively relative to the overall index.
Growth & Income
The company experienced a revenue growth (YoY) of -28.2%, while the earnings growth (YoY) is N/A due to the absence of comparable positive earnings in the prior period, highlighting a period of contraction rather than expansion. As a non-dividend payer, the company does not distribute a dividend yield or a payout ratio, as the payout ratio is 0.0%, meaning that all available cash flow is retained within the business to fund exploration activities and operational continuity. This retention strategy aligns with the typical lifecycle of a mining company in the exploration and development phase, where reinvestment is prioritized over shareholder distributions. Consequently, the overall growth and income profile is characterized by revenue contraction and zero dividend income, focusing entirely on asset development and operational stabilization rather than delivering financial returns through yield or earnings growth.