Sei Investments Co. Invests $741,000 in Gold Resource Co. $GORO

Sei Investments Co. acquired a new position in Gold Resource Co. (NYSE:GORO) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 617,738 shares of the company’s stock, valued at approximately $741,000.

Other large investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new position in Gold Resource during the second quarter worth about $56,000. Alps Advisors Inc. purchased a new stake in shares of Gold Resource in the 4th quarter valued at about $105,000. Virtu Financial LLC raised its holdings in shares of Gold Resource by 123.1% in the 3rd quarter. Virtu Financial LLC now owns 132,471 shares of the company’s stock valued at $111,000 after acquiring an additional 73,101 shares in the last quarter. XTX Topco Ltd boosted its position in shares of Gold Resource by 47.5% during the 4th quarter. XTX Topco Ltd now owns 138,592 shares of the company’s stock valued at $115,000 after acquiring an additional 44,644 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Gold Resource by 165.2% during the 1st quarter. Jane Street Group LLC now owns 474,468 shares of the company’s stock valued at $242,000 after acquiring an additional 295,565 shares during the last quarter. Institutional investors own 18.38% of the company’s stock.

Gold Resource Stock Performance

Shares of NYSE GORO opened at $2.80 on Friday. Gold Resource Co. has a 12 month low of $0.44 and a 12 month high of $4.00. The firm has a market capitalization of $453.29 million, a price-to-earnings ratio of -5.71 and a beta of 1.06. The business has a 50-day moving average of $1.68 and a 200-day moving average of $1.51.

Gold Resource Profile

Gold Resource Corporation (NYSE: GORO) is a Denver, Colorado–based precious metals producer focused on gold and silver mining and processing. The company’s principal operations are located in Oaxaca State, Mexico, where it holds 100% interest in the Arista underground mine and the El Águila tailings reprocessing facility. Gold Resource’s Mexican operations are complemented by corporate and administrative offices in Denver and field offices in Mexico City.

At the Arista mine, Gold Resource conducts underground mining of high-grade gold and silver veins, producing doré bars and metal concentrates that are shipped to third-party smelters.