Gold Resource Corp 2017 Q2 Institutional Investor Sentiment Better Than Expected

November 14, 2017 - By Adrian Erickson

 Gold Resource Corp  2017 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Gold Resource Corp (NYSEMKT:GORO)

Gold Resource Corp (NYSEMKT:GORO) institutional sentiment increased to 2.24 in 2017 Q2. Its up 1.33, from 0.91 in 2017Q1. The ratio increased, as 47 hedge funds opened new or increased equity positions, while 21 sold and reduced stakes in Gold Resource Corp. The hedge funds in our partner’s database now hold: 18.54 million shares, down from 22.36 million shares in 2017Q1. Also, the number of hedge funds holding Gold Resource Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 12 Increased: 31 New Position: 16.

Gold Resource Corporation is a mining company. The company has market cap of $220.17 million. The Firm 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. It has a 35.16 P/E ratio. The Firm has two units in North America, the Oaxaca Mining Unit and the Nevada Mining Unit.

About 40,013 shares traded. Gold Resource Corporation (NYSEMKT:GORO) has risen 1.36% since November 14, 2016 and is uptrending. It has underperformed by 15.34% the S&P500.

Gsa Capital Partners Llp holds 0.14% of its portfolio in Gold Resource Corporation for 544,060 shares. Van Eck Associates Corp owns 3.51 million shares or 0.08% of their US portfolio. Moreover, Tfs Capital Llc has 0.03% invested in the company for 20,527 shares. The California-based Fuller & Thaler Asset Management Inc. has invested 0.02% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 133,000 shares.#img1#

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