Gold Resource Co. to Issue Monthly Dividend of $0.00 (GORO)
Gold Resource Co. (NYSEAMERICAN:GORO) declared a monthly dividend on Tuesday, February 27th, Wall Street Journal reports. Investors of record on Monday, March 12th will be given a dividend of 0.0017 per share by the basic materials company on Friday, March 23rd. This represents a $0.02 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend is Friday, March 9th.
Gold Resource (NYSEAMERICAN GORO) opened at $4.23 on Friday. The company has a market cap of $240.65, a P/E ratio of 38.45 and a beta of 0.52. Gold Resource has a 52 week low of $3.08 and a 52 week high of $5.05.
A hedge fund recently raised its stake in Gold Resource stock. The Manufacturers Life Insurance Company raised its stake in shares of Gold Resource Co. (NYSEAMERICAN:GORO) by 9.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 about 0.07% of Gold Resource worth $172,000 at the end of the most recent reporting period.
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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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