H.C. Wainwright Reaffirms Buy Rating on Gold Resource (GORO), Keeps $1.25 PT

Gold Resource Corporation (NYSE:GORO) is one of the best silver mining stocks to invest in right now. On November 6, H.C. Wainwright reaffirmed a Buy rating for Gold Resource Corporation (NYSE:GORO) stock, and also kept the price target unchanged at $1.25 per share. The firm stated that Gold Resource shows clear signs of financial recovery shown in its Q3 2025 results, which include higher revenue and a smaller net loss than the year before. They pointed out that these changes come from big jumps in silver output at the Don David Gold Mine in Mexico, thanks to better ore quality and higher metal prices.

Two days earlier, on November 4, Gold Resource reported a net loss of $4.7 million ($0.03 per share) for Q3 2025, which was slightly below analyst expectations. Management explained that the miss was due mainly to reduced tons milled and lower gold equivalent ounces sold compared to the prior year. Nevertheless, year-over-year, total metal production rose for gold (1,646 ounces before payables, up from 944) and silver (453,057 ounces, up from 194,525).

Gold Resource Corporation (NYSE:GORO) is a gold and silver producer with operations centered on the Don David Gold Mine in Oaxaca, Mexico. Its flagship Arista underground polymetallic deposit produces gold and silver doré as well as copper, lead, and zinc concentrates that contain silver.

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Disclosure: None. This article is originally published at Insider Monkey.