Investigation Overview
August 25, 2017 (Shareholders Foundation) - An investigation on behalf of investors in shares of Gold Resource Corporation (NYSEMKT:GORO) was announced over potential breaches of fiduciary duties by certain officers and directors at Gold Resource.
The investigation by a law firm concerns whether certain Gold Resource Corporation officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Colorado Springs, CO based Gold Resource Corporation is a mining company Gold Resource Corporation reported that its annual Total Revenue declined from $92.70 million in 2015 to $83.23 million in 2016 and that its Net Income increased from $3.06 million in 2015 to $4.39 million in 2016.
Shares of Gold Resource Corporation (NYSEMKT:GORO) declined from$6.10 per share in February 2017 to $3.26 per share in May 2017.