Gold Resource Co. (GORO) Stake Reduced by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its position in shares of Gold Resource Co. (NASDAQ:GORO) by 2.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 34,953 shares of the basic materials company’s stock after selling 800 shares during the period. Wells Fargo & Company MN owned about 0.06% of Gold Resource worth $158,000 at the end of the most recent reporting period.

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Separately, Teachers Advisors LLC boosted its position in Gold Resource by 7.0% in the fourth quarter. Teachers Advisors LLC now owns 87,160 shares of the basic materials company’s stock worth $379,000 after buying an additional 5,669 shares during the last quarter.

Gold Resource Co. (NASDAQ:GORO) opened at 3.82 on Friday. The firm has a market capitalization of $217.12 million and a PE ratio of 69.45. Gold Resource Co. has a 52-week low of $3.08 and a 52-week high of $8.22. The stock’s 50 day moving average is $4.08 and its 200-day moving average is $4.37.

The business also recently announced a monthly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Friday, August 11th will be given a dividend of $0.0017 per share. The ex-dividend date is Wednesday, August 9th. This represents a $0.02 dividend on an annualized basis and a yield of 0.52%.

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About Gold Resource

Gold Resource Corporation is a mining company. The Company 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. The Company has two units in North America, the Oaxaca Mining Unit and the Nevada Mining Unit.