Shares of Gold Resource Corporation (GORO) Sees Large Inflow of Net Money Flow

Gold Resource Corporation (GORO): $0.24 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 2.06. The value of trades done on upticks was $0.46 million, whereas, trades done on downticks were valued at $0.22 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.27 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.27 million. Gold Resource Corporation (GORO) fell $0.18 traded at $5.16, a change of -3.37% over the previous day. The stock is 6.17% for the week.


The company Insiders own 7.7% of Gold Resource Corporation shares according to the proxy statements. Institutional Investors own 26.41% of Gold Resource Corporation shares. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (VP Exploration) of Gold Resource Corp, Devlin Barry D had purchased shares worth of $12,400 in a transaction dated on May 26, 2015. A total of 4,000 shares were purchased at a price of $3.1 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Gold Resource Corp rose by 17.28% in the last five trading days and 42.09% for the last 4 weeks. Gold Resource Corp is up 76.54% in the last 3-month period. Year-to-Date the stock performance stands at 196.88%.

Gold Resource Corporation (NYSEMKT:GORO): On Tuesdays trading session , Opening price of the stock was $5.4 with an intraday high of $5.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.87. However, the stock managed to close at $4.9, a loss of 8.24% for the day. On the previous day, the stock had closed at $5.34. The total traded volume of the day was 1,866,928 shares.

Gold Resource Corporation is a mining company. The Company is engaged in the exploration, production and evaluation of precious and base metal properties. It is a producer of metal concentrates that contain gold, silver, copper, lead and zinc. The Company has 100% interest in six potential high-grade gold and silver properties at its producing Oaxaca, Mexico Mining Unit and exploration properties at its Nevada, the United States, Mining Unit. Its flagship project is the El Aguila Project, where the La Arista underground polymetallic deposit is in production. The La Arista deposit produces gold and silver, as well as the base metals copper, lead and zinc. The mill production totaled approximately 83,903 ounces of precious metal gold equivalent from the La Arista mine. The El Aguila Project comprises 17 mining concessions aggregating to approximately 30,074 hectares. The Companys mineral properties are classified into two categories: Operating Properties and Exploration Properties.

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