RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Gold Resource Stock

Gold Resource ROA 2024

Gold Resource ROA

-0.09

Ticker

GORO

ISIN

US38068T1051

WKN

A0LCTL

In 2024, Gold Resource's return on assets (ROA) was -0.09, a 189.51% increase from the -0.03 ROA in the previous year.

Gold Resource Aktienanalyse

What does Gold Resource do?

Gold Resource Corp is a leading company in the precious metal mining industry. It was founded in 1998 and is headquartered in Colorado Springs, Colorado, USA. The company's business model is based on the exploration, development, and production of gold and silver mines. It focuses on a comprehensive and sustainable corporate strategy that relies on modern technologies and the highest environmental and safety standards. Gold Resource Corp currently operates numerous mines in the USA, Mexico, and Nicaragua, producing a wide range of gold and silver bars and coins. In addition to metal production, the company actively engages in the exploration of new deposits and invests in other valuable minerals. It has a strong emphasis on collaborating with local communities and governments to avoid conflicts and environmental issues. One distinguishing feature of Gold Resource Corp is its control over the entire value chain, from exploration and mining to marketing and distribution, which enhances its flexibility and independence. The company aims to achieve sustainable growth while making positive impacts on the communities and environment it operates in. It strives to be a responsible and ethical company. In recent years, Gold Resource Corp has become a significant player in the industry, generating a revenue of $116.4 million in 2019 and producing 40,318 ounces of gold and 1.73 million ounces of silver. In conclusion, Gold Resource Corp specializes in precious metal mining and offers a diverse range of products. It has a clear vision and comprehensive strategy to achieve sustainable growth and make a positive impact on communities and the environment. The company is a fair and ethical actor, operating on the highest environmental and safety standards. Gold Resource ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Gold Resource's Return on Assets (ROA)

Gold Resource's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Gold Resource's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Gold Resource's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Gold Resource’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Gold Resource stock

What is the Return on Assets (ROA) of Gold Resource this year?

The Return on Assets (ROA) of Gold Resource is -0.09 undefined this year.

What was the ROA of Gold Resource compared to the previous year?

The ROA of Gold Resource has increased by 189.51% compared to the previous year.

What consequences do high ROA have for investors of Gold Resource?

A high ROA is advantageous for investors of Gold Resource, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Gold Resource?

A low ROA can be unfavorable for investors of Gold Resource as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Gold Resource affect the company?

An increase in ROA of Gold Resource can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Gold Resource impact the company?

A reduction in the ROA of Gold Resource can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Gold Resource?

Some factors that can influence the ROA of Gold Resource include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Gold Resource important for investors?

The ROA of Gold Resource is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Gold Resource take to improve ROA?

To improve ROA, Gold Resource can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Gold Resource pay?

Over the past 12 months, Gold Resource paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 30.4 %. For the coming 12 months, Gold Resource is expected to pay a dividend of -0.03 USD.

What is the dividend yield of Gold Resource?

The current dividend yield of Gold Resource is 30.4 %.

When does Gold Resource pay dividends?

Gold Resource pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Gold Resource?

Gold Resource paid dividends every year for the past 0 years.

What is the dividend of Gold Resource?

For the upcoming 12 months, dividends amounting to -0.03 USD are expected. This corresponds to a dividend yield of -25.44 %.

In which sector is Gold Resource located?

Gold Resource is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Gold Resource kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gold Resource from 12/30/2022 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 12/14/2022.

When did Gold Resource pay the last dividend?

The last dividend was paid out on 12/30/2022.

What was the dividend of Gold Resource in the year 2023?

In the year 2023, Gold Resource distributed 0.04 USD as dividends.

In which currency does Gold Resource pay out the dividend?

The dividends of Gold Resource are distributed in USD.

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Andere Kennzahlen von Gold Resource

Our stock analysis for Gold Resource Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gold Resource Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.