Gold Net Income from 2010 to 2024

GORO Stock  USD 0.17  0.02  13.33%   
Gold Resource Net Loss yearly trend continues to be very stable with very little volatility. Net Loss is likely to grow to about -15.2 M this year. During the period from 2010 to 2024, Gold Resource Net Loss quarterly data regression pattern had range of 74.4 M and standard deviation of  18,820,160. View All Fundamentals
 
Net Loss  
First Reported
2005-03-31
Previous Quarter
-27.7 M
Current Value
-10.5 M
Quarterly Volatility
7.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gold Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold Resource's main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Total Revenue of 101.9 M or Other Operating Expenses of 73.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0318 or PTB Ratio of 0.33. Gold financial statements analysis is a perfect complement when working with Gold Resource Valuation or Volatility modules.
  
Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.

Latest Gold Resource's Net Income Growth Pattern

Below is the plot of the Net Income of Gold Resource over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Gold Resource financial statement analysis. It represents the amount of money remaining after all of Gold Resource operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Gold Resource's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gold Resource's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (16.02 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Gold Net Income Regression Statistics

Arithmetic Mean6,558,550
Coefficient Of Variation286.96
Mean Deviation12,374,433
Median4,150,000
Standard Deviation18,820,160
Sample Variance354.2T
Range74.4M
R-Value(0.66)
Mean Square Error217.6T
R-Squared0.43
Significance0.01
Slope(2,758,317)
Total Sum of Squares4958.8T

Gold Net Income History

2024-15.2 M
2023-16 M
2022-6.3 M
2021M
2020-6.3 M
20195.8 M
20189.3 M

Other Fundumenentals of Gold Resource

Gold Resource Net Income component correlations

About Gold Resource Financial Statements

Gold Resource investors utilize fundamental indicators, such as Net Income, to predict how Gold Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Loss-16 M-15.2 M
Net Loss-16.2 M-15.4 M
Net Loss-5.7 M-5.4 M
Net Loss(0.18)(0.17)
Net Income Per E B T 0.74  0.69 
When determining whether Gold Resource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Resource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Resource Stock:
Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.742
Earnings Share
(0.49)
Revenue Per Share
0.817
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.09)
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.