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 -1.5307. The Zacks #5 Rank ("Strong Sell") stock decreased more than 4.10% to $12.15 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 4 cents over the past month to 92 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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks

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