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Tale of the Tape

Bearish MACD for Gold Resource Corp.

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Gold Resource Corp.’s 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.

 




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