Gold Resource Corp (GORO) Plans Monthly Dividend of $0.00

Gold Resource Corp (NYSEAMERICAN:GORO) declared a monthly dividend on Wednesday, March 28th, Wall Street Journal reports. Stockholders of record on Wednesday, April 11th will be paid a dividend of 0.0017 per share by the basic materials company on Monday, April 23rd. This represents a $0.02 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Tuesday, April 10th.

Shares of NYSEAMERICAN:GORO opened at $4.40 on Monday. Gold Resource has a 12 month low of $3.08 and a 12 month high of $5.05.

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Separately, TheStreet upgraded shares of Gold Resource from a “c+” rating to a “b-” rating in a research report on Tuesday, April 3rd.

A hedge fund recently raised its stake in Gold Resource stock. The Manufacturers Life Insurance Company increased its stake in shares of Gold Resource Corp (NYSEAMERICAN:GORO) by 9.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,408 shares of the basic materials company’s stock after purchasing an additional 3,612 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.07% of Gold Resource worth $172,000 at the end of the most recent reporting period.

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About Gold Resource

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The company's flagship property is the El Aguila project comprising 19 mining concessions aggregating approximately 30,215 hectares located in the State of Oaxaca.

Dividend History for Gold Resource (NYSEAMERICAN:GORO)

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