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Gold Resource Corporation  (GORO)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Gold Resource's Leverage Ratio

GORO's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to net new borrowings of 1.45%, Leverage Ratio fell to 0.37, a new company high.

Within Metal Mining industry in the second quarter 2024, 9 other companies have achieved lower Leverage Ratio than Gold Resource in the II Quarter 2024. While Leverage Ratio total ranking has improved so far in the second quarter 2024 to 336, from total ranking in the first quarter 2024 at 352 .

Explain Leverage Ratio?
Who are GORO Customers?
What are GORO´s Total Liabilities?


GORO Leverage Ratio (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Equity Change -37.19 % -16.41 % -13.48 % -13.95 % -15.32 %
Y / Y Total Liabilities Change -25.43 % -19.57 % -37.56 % 34.11 % 31.1 %
Leverage Ratio MRQ 0.37 0.27 0.24 0.29 0.31
GORO's Total Ranking # 336 # 352 # 309 # 720 # 769
Seq. Equity Change -27.76 % -4.05 % -2.83 % -6.74 % -3.87 %
Seq. Total Liabilities Change 1.45 % 5.03 % -19.37 % -13.21 % 9.42 %



Leverage Ratio second quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 10
Basic Materials Sector # 27
Overall Market # 336


Leverage Ratio Statistics
High Average Low
0.37 0.22 0.09
(Dec 31 2011)   (Dec 31 2016)




Financial Statements
Gold Resource's Equity $ 67 Millions Visit GORO's Balance sheet
Gold Resource's Total Liabilities $ 25 Millions Visit GORO's Balance sheet
Source of GORO's Sales Visit GORO's Sales by Geography


Cumulative Gold Resource's Leverage Ratio

GORO's Leverage Ratio for the trailling 12 Months

GORO Leverage Ratio

(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Equity TTM Growth -37.19 % -16.41 % -13.48 % -13.95 % -15.32 %
Y / Y Total Liabilities TTM Growth -25.43 % -19.57 % -37.56 % 34.11 % 31.1 %
Leverage Ratio TTM 0.29 0.28 0.28 0.3 0.28
Total Ranking TTM # 3 # 262 # 4 # 248 # 1
Seq. Equity TTM Growth -27.76 % -4.05 % -2.83 % -6.74 % -3.87 %
Seq. Total Liabilities TTM Growth 1.45 % 5.03 % -19.37 % -13.21 % 9.42 %


On the trailing twelve months basis Due to the net new borrowings of 1.45% during the trailing twelve months finishing in the II Quarter 2024, cumulativeLeverage Ratio improved to 0.29, below the Gold Resource's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Metal Mining industry only one has achieved lower Leverage Ratio. While Leverage Ratio total ranking has improved so far to 3, from total ranking in previous 12 month period at 262.

Explain Leverage Ratio?
Who are GORO Customers?
What are GORO´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 2
Basic Materials Sector # 2
Within the Market # 3


trailing twelve months Leverage Ratio Statistics
High Average Low
1.02 0.32 0.11
(Jun 30 2024)   (Mar 31 2017)




Companies with similar Leverage Ratio in the quarter ending Jun 30 2024, within Metal Mining Industry Leverage RatioJun 30 2024 MRQ Total LiabilitiesJun 30 2024 MRQ Equity
Southern Copper Corp  0.98 $ 8,422.800  Millions$ 8,560.200  Millions
Newmont Corporation  0.89 $ 26,299.000  Millions$ 29,563.000  Millions
Ur energy Inc   0.65 $ 60.609  Millions$ 92.758  Millions
U s Gold Corp   0.53 $ 6.935  Millions$ 13.152  Millions
Coeur Mining Inc   0.45 $ 469.261  Millions$ 1,031.808  Millions
Scandium International Mining Corp   0.41 $ 0.526  Millions$ 1.273  Millions
Ssr Mining Inc   0.39 $ 1,542.718  Millions$ 3,941.142  Millions
Ivanhoe Electric Inc   0.39 $ 116.776  Millions$ 303.124  Millions
Gold Resource Corporation  0.37 $ 24.973  Millions$ 67.021  Millions
Idaho Strategic Resources Inc  0.24 $ 6.802  Millions$ 28.139  Millions
Mcewen Mining Inc   0.24 $ 115.965  Millions$ 485.209  Millions
  0.19 $ 81.593  Millions$ 419.909  Millions
Uranium Energy Corp  0.14 $ 111.715  Millions$ 778.113  Millions
  0.13 $ 4.137  Millions$ 30.828  Millions
  0.13 $ 0.862  Millions$ 6.431  Millions
United States Antimony Corporation  0.13 $ 3.227  Millions$ 25.702  Millions
Royal Gold Inc  0.10 $ 300.153  Millions$ 2,981.193  Millions
  0.09 $ 0.478  Millions$ 5.502  Millions
U s Goldmining Inc   0.08 $ 0.800  Millions$ 9.698  Millions

Date modified: 2024-09-12T18:16:49+00:00



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