Wells Fargo & Company MN cut its position in Gold Resource Co. (NASDAQ:GORO) by 2.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,953 shares of the basic materials company’s stock after selling 800 shares during the period. Wells Fargo & Company MN owned approximately 0.06% of Gold Resource worth $158,000 at the end of the most recent quarter.
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) traded up 1.40% during trading on Friday, hitting $3.62. The stock had a trading volume of 678,218 shares. The company has a 50-day moving average of $3.95 and a 200 day moving average of $4.23. Gold Resource Co. has a 52-week low of $3.08 and a 52-week high of $8.22. The firm has a market cap of $205.76 million and a P/E ratio of 65.82.
The company also recently announced a monthly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Friday, August 11th will be issued a $0.0017 dividend. The ex-dividend date is Wednesday, August 9th. This represents a $0.02 annualized dividend and a dividend yield of 0.55%.
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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.
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