GORO trades 36.5% above Wall Street's consensus target of $2.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes GORO achieves its forward estimates and maintains a stable P/E multiple of 9.2x. This scenario reflects the blended consensus of 4 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Goldgroup Mining Inc. (GORO) has a Wall Street consensus price target of $2.00, based on estimates from 4 covering analysts. With the stock currently trading at $3.15, this represents a potential downside of -36.5%. The company has a market capitalization of $237M.
Analyst price targets range from a low of $2.00 to a high of $2.00, representing a 0% spread in expectations. The median target of $2.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, GORO trades at a trailing P/E of 19.6x and forward P/E of 9.2x. Analysts expect EPS to grow +111.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $2.05, with bear and bull scenarios of $1.29 and $2.70 respectively. Model confidence stands at 34/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EXKEndeavour Silver Corp. | $2.3B | $7.84 | $17.00 | +116.8% | Buy | 11.4x | 14 |
 MUXMcEwen Mining Inc. | $925M | $15.48 | $29.50 | +90.6% | Buy | 15.3x | 7 |
 PAASPan American Silver Corp. | $17.3B | $41.17 | $62.50 | +51.8% | Buy | 12.5x | 25 |
 HLHecla Mining Company | $9.9B | $14.74 | $21.50 | +45.9% | Hold | 20.5x | 26 |
 CDECoeur Mining, Inc. | $15.9B | $15.47 | $21.50 | +39.0% | Buy | 16.1x | 21 |
 USASAmericas Gold and Silver Corporation | $1.0B | $3.09 | $9.25 | +199.4% | Buy | 35.8x | 4 |
 AGFirst Majestic Silver Corp. | $7.5B | $15.16 | $24.00 | +58.3% | Hold | 17.7x | 11 |
 FSMFortuna Mining Corp. | $2.9B | $9.62 | $14.50 | +50.7% | Buy | 9.0x | 6 |
 CATCaterpillar Inc. | $257.3B | $558.63 | $935.36 | +67.4% | Buy | 20.4x | 57 |
 CMCCommercial Metals Company | $6.9B | $62.28 | $78.86 | +26.6% | Hold | 9.7x | 27 |
Quick answers to the most common questions about buying GORO stock.
GORO's consensus price target is $2, -36.5% below the current price of $3.15. The 4 analysts tracking GORO see downside risk at present valuations.
GORO has a consensus rating of "Buy" based on 4 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $2 implies -36.5% downside from current levels.
With a forward P/E of 9.2402x, GORO trades at a relatively low valuation. The consensus target of $2 implies -36.5% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $2 for GORO, while the most conservative target is $2. The consensus of $2 represents the median expectation. Our quantitative valuation model projects a bull case target of $3 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
GORO is lightly followed, with 4 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 0 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month GORO stock forecast based on 4 Wall Street analysts shows a consensus price target of $2, with estimates ranging from $2 (bear case) to $2 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $2, with bear/bull scenarios of $1/$3.
Our quantitative valuation model calculates GORO's fair value at $2 (base case), with a bear case of $1 and bull case of $3. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 34/100.
GORO trades at a forward P/E ratio of 9.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on GORO, with 1 Sell ratings and a price target of $2 (-36.5% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
GORO analyst price targets range from $2 to $2, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $2 consensus represents the middle ground. Our model's $1-$3 range provides an independent fundamental perspective.
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