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Bearish MACD for Gold Resource Corp.

Gold Resource Corp.’s (GORO) MACD indicator has moved into bearish territory with a reading of –0.3850. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.64% to $14.39 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 16 cents over the past two months to 76 cents per share.

GOLD RESOURCE CORP (GORO): Free Stock Analysis Report

Zacks Investment Research



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