Bearish MACD for Gold Resource Corp. - Tale of the Tape

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Gold Resource Corp. 's ( GORO ) MACD indicator has moved into bearish territory with a reading of -0.1630. The Zacks #5 Rank ("Strong Sell") stock decreased more 1.37% to $20.23 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 20 cents over the past month to 97 cents per share.

 


 
GOLD RESOURCE (GORO): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: GORO

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