Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Gold Resource's Sloan Ratio for the quarter that ended in Mar. 2026 was -1.60%.
As of Mar. 2026, Gold Resource has a Sloan Ratio of -1.60%, indicating the company is in the safe zone and there is no funny business with accruals.
Gold Resource (AMEX:GORO) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Gold Resource has a Sloan Ratio of -1.60%, indicating the company is in the safe zone and there is no funny business with accruals.
Gold Resource Sloan Ratio % Related Terms
Gold Resource Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Gold Resource's Sloan Ratio % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GORO vs LODE, THMG, ACRG: Sloan Ratio % Comparison
For the Other Precious Metals & Mining subindustry, Gold Resource's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gold Resource Sloan Ratio % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gold Resource's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Gold Resource's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Gold Resource's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Gold Resource's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -11.486 (Jun. 2025 ) + -4.655 (Sep. 2025 ) + 18.001 (Dec. 2025 ) + 4.739 (Mar. 2026 ) = $6.6 Mil.
Gold Resource's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -1.307 (Jun. 2025 ) + -0.325 (Sep. 2025 ) + 24.164 (Dec. 2025 ) + 14.85 (Mar. 2026 ) = $37.4 Mil.
Gold Resource's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -2.537 (Jun. 2025 ) + -7.467 (Sep. 2025 ) + -8.874 (Dec. 2025 ) + -8.764 (Mar. 2026 ) = $-27.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gold Resource (GORO) has a Sloan Ratio % of -1.60% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Gold Resource and its competitors.
Is Gold Resource's Sloan Ratio % too high?
Gold Resource's current Sloan Ratio % is -1.60%. Overall, Gold Resource has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Resource's Sloan Ratio % compare to LODE and THMG?
Gold Resource's Sloan Ratio % of -1.60% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Metals & Mining company?
A good Sloan Ratio % depends on the Metals & Mining industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Gold Resource and its competitors. Gold Resource's current Sloan Ratio % is -1.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Resource stock overvalued right now?
Based on GuruFocus' analysis, Gold Resource (GORO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.79, compared to a current price of $2.53 — trading 220.3% above its estimated fair value. The current Sloan Ratio % is -1.60%. Gold Resource's overall GF Score™ is 23/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Gold Resource (GORO), the current Sloan Ratio % is -1.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gold Resource (GORO) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Resource stock appears to be overvalued.
The current stock price of $2.53 is trading 220.3% above its estimated GF Value™ of $0.79.
GuruFocus considers Gold Resource to be Significantly Overvalued.
Key valuation signals for GORO:
Sloan Ratio %: -1.60%
GF Value™: $0.79 vs. price of $2.53 (220.3% above fair value)
No single metric tells the full story. See the GORO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Resource Corp is a producer of metal concentrates that contain gold, silver, copper, lead, and zinc in Oaxaca, Mexico. . It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America. The Company has two reporting segments, based on geographic regions. Oaxaca, Mexico represents the Companies only operating segment with a production stage property. The Companies other reporting segment is Michigan, U.S.A., with an exploration stage property.
23GF Score
Get the complete analysis for GORO
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GORO has been successfully added to your 
