Gold Resource Corp (GORO)

[Neverhadawinner]

Did anyone notice the Seeking Alpha writer (July 20, 2021) who stated GORO stock is worthless based on current current mining reserves (270K ounces)?

This article was extremely negative.

Quote Gold Panda:
I think that Gold Resource could be a value trap. Sure, the EV/EBITDA ratio of the company is in the low single digits and costs are low, but reserves are almost depleted and the mine life of Arista is severely limited at the moment. And almost all of that EBITDA will be used by the company to try to extend the mine life. Unless Gold Resource manages to find a lot more gold and silver reserves, I think the business is close to worthless.