Sei Investments Co. Purchases New Position in Gold Resource Co. $GORO

Sei Investments Co. purchased a new stake in shares of Gold Resource Co. (NYSE:GOROFree Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 617,738 shares of the company’s stock, valued at approximately $741,000. Sei Investments Co. owned approximately 0.38% of Gold Resource at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GORO. Captrust Financial Advisors bought a new stake in Gold Resource during the 2nd quarter valued at $56,000. Alps Advisors Inc. purchased a new stake in shares of Gold Resource during the fourth quarter worth $105,000. Virtu Financial LLC boosted its holdings in shares of Gold Resource by 123.1% in the third quarter. Virtu Financial LLC now owns 132,471 shares of the company’s stock worth $111,000 after acquiring an additional 73,101 shares during the period. XTX Topco Ltd boosted its holdings in shares of Gold Resource by 47.5% in the fourth quarter. XTX Topco Ltd now owns 138,592 shares of the company’s stock worth $115,000 after acquiring an additional 44,644 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Gold Resource by 165.2% in the first quarter. Jane Street Group LLC now owns 474,468 shares of the company’s stock valued at $242,000 after purchasing an additional 295,565 shares in the last quarter. 18.38% of the stock is currently owned by hedge funds and other institutional investors.

Gold Resource Stock Performance

Shares of NYSE GORO opened at $2.80 on Friday. Gold Resource Co. has a fifty-two week low of $0.44 and a fifty-two week high of $4.00. The stock has a market cap of $453.29 million, a PE ratio of -5.71 and a beta of 1.06. The stock has a fifty day moving average of $1.68 and a 200-day moving average of $1.51.

Gold Resource Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Gold Resource (NYSE:GORO)

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