Gold Resource

Gold Resource Corp. engages in the production of metal concentrates. It includes gold, silver, copper, lead and zinc, and doré containing gold and silver. It operates through the following geographical segments: Mexico, Nevada, and Corporate and Other. The company was founded by David C. Reid and William W. Reid on August 24, 1998 and is headquartered in Denver, CO.

Earnings data Q1 2021

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Earnings data Q4 2022

Earnings data Q1 2023

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Gold Resource reports Q1 challenges, focuses on cost reduction and growth

Gold Resource faced challenges in Q1 but maintained safety, diversified production, and a healthy cash position.
Cost reduction strategies and exploration efforts signal a commitment to long-term growth and operational improvements.
Opportunities lie in unlocking shareholder value, improving recoveries, and exploring new resource additions for future growth.
Management's proactive approach to addressing challenges and seizing opportunities positions the company for sustainable success.

Gold Resource (GORO) reports Q2 challenges, focuses on safety and productivity

Gold Resource (GORO) faced challenges in Q2 with lower production and a net loss, but highlighted safety achievements and cost reduction efforts. The company aims to increase productivity and shareholder value amidst market conditions.

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DENVER--( BUSINESS WIRE )--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces that its wholly-owned indirect subsidiary Aquila Resources USA Inc. (“Aquila USA”) has received 12,250,000 common shares of Green Light Metals Inc. (“Green Light”). The shares were issued upon the conversion at maturity of a non-interest bearing promissory note of Green Light in the principal amount of C$4.9 million (the “Green Light Note”) dated October 4, 2021, as amended. The shares were issued on December 28, 2022 at a conversion price of C$0.40 per share, and represent approximately 28.51% of the issued and outstanding shares of Green Light.

Gold Resource Corporation Announces Ownership Interest in Green Light Metals Inc. Upon Promissory Note Conversion Into Common Shares

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) declared its quarterly dividend of one cent ($0.01) per common share for the fourth quarter of 2022 payable on December 30, 2022, to shareholders of record as of December 15, 2022.

Gold Resource Corporation Declares Quarterly Dividend

Gold Resource Corporation (NYSE:GORO ) Q3 2022 Earnings Conference Call November 1, 2022 10:00 AM ET Company Participants Kim Perry - Chief Financial Officer Allen Palmiere - President & Chief Executive Officer Alberto Reyes - Chief Operating Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Operator Good morning, and welcome to the Gold Resource Corporation Third Quarter 2022 Financial and Operating Results Conference Call.

Gold Resource Corporation (GORO) Q3 2022 Earnings Call Transcript

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) told investors it remains on track to meet its full year 2022 production guidance, despite the miner deliberately slowing production and mine development in its latest third quarter. The company, which produces metals from its Don David mine in Mexico, said in the three months to September 30 this year, operations and exploration was "deliberately and temporarily" slowed to improve safety issues at the mine in Oaxaca.

Gold Resource says it is on track to meet full year output guidance despite third quarter slowdown to improve safety

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 5,478 ounces of gold and 225,012 ounces of silver in Q3 2022 for a gold equivalent total of 8,042 ounces.

Gold Resource Corporation Announces Financial Results for the Third Quarter 2022 and Reiterates 2022 Production and Cost Guidance

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) has reported its third-quarter sales numbers of gold and other metals and announced that its feasibility study is continuing to progress.  The company sold a total of 5,478 ounces of gold and 225,012 ounces of silver in the third quarter, for a gold equivalent total of 8,042 ounces.

Gold Resource Corporation holds $22M cash balance following robust 3Q metals sales

Gold Resource Corporation Announces Preliminary Results of 8,042 Gold Equivalent Ounces Produced and Sold in Q3 2022

Maritime Resources (TSX-V:MAE) has announced the closing of a non-brokered private placement of 74 million common shares at a price of $0.05 per common share for aggregate gross proceeds of C$3.7 million. The net proceeds of the offering will be used for final permitting costs to be paid by the company on or prior to December 31, 2022, with respect to the Hammerdown gold mine located in the Baie Verte Mining District near the town of King's Point, Newfoundland and Labrador.

Maritime Resources has new shareholder in Gold Resource Corporation with closing of C$3.7M private placement

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DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) has been invited by Michigan's Department of Environment, Great Lakes and Energy (“EGLE”) to participate in a Scoping Environmental Impact Assessment (“SEIA”) Meeting on August 5, 2022. The Company will be given the opportunity to present the initial site plan1 and other key improvements being incorporated into the Back Forty Project's optimized feasibility study. Another key objective of the meeting is for

Gold Resource Corporation Invited to Participate in Scoping Environmental Impact Assessment

Gold Resource Corp. is a value stock with a positive Seeking Alpha quant rating. It has recently bought a development prospect in Michigan, which I describe in some detail.

Gold Resource: An Overdue Update

Gold Resource Corporation (NYSE:GORO ) Q2 2022 Earnings Conference Call July 28, 2022 12:00 PM ET Company Participants Kim Perry - Chief Financial Officer Allen Palmiere - President & Chief Executive Officer Alberto Reyes - Chief Operating Officer Conference Call Participants Jake Sekelsky - Alliance Global Partners Operator Good day and thank you for standing by. Welcome to the Gold Resource Corporation Q2 Earnings Conference.

Gold Resource Corporation (GORO) CEO Allen Palmiere on Q2 2022 Results - Earnings Call Transcript

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) said it sold a total of 8,746 ounces of gold and 231,622 ounces of silver in the second quarter of 2022 for a gold-equivalent total of 11,475 ounces. Additionally, the company said it sold 3,590 tonnes of zinc, 286 tonnes of copper, and 1,755 tonnes of lead.

Gold Resource Corp says production remains solid at Don David Gold Mine in Mexico

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 8,746 ounces of gold and 231,622 ounces of silver in Q2 2022 for a gold equivalent total of 11,475 ounces. Additionally, the Company sold 3,590 tonnes of zinc, 286 tonnes of copper, and 1,755 tonnes of lead. Allen Palmiere, President and CEO said “Production remains solid at the Don David Gold Mine in Mexico with significant improvements in financial measures over the same period last year.

Gold Resource Corporation Reports Improved Year Over Year Financial Results and Strong Balance Sheet for the Second Quarter 2022

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Gold Resource (GORO) Stock Undervalued Right Now?

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) told investors the miner had delivered "another" three months of over 10,000 gold-equivalent ounces from its Mexico operation in its second quarter. For the three months to June 30 this year, the miner sold 11,475 ounces of gold-equivalent (Au-Eq) compared to 9,685 in the second quarter of 2021.

Gold Resource Corp delivers 'another quarter' of over 10,000 gold equivalent ounces from its Mexico mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 8,746 ounces of gold and 231,622 ounces of silver in Q2 2022 for a gold equivalent total of 11,475 ounces. Additionally, the Company sold 3,590 tonnes of zinc, 286 tonnes of copper, and 1,755 tonnes of lead contributing to a strong cash balance of over $33 million. Allen Palmiere, President and CEO said “Production remains solid at the Don David Gold Mine in Mexico and the feasibility study

Gold Resource Corporation Announces Preliminary Results of 11,475 Gold Equivalent Ounces Produced and Sold in Q2 2022

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The Don David gold mine is expected to produce 24,000-26,000 ounces of gold and 900,000-1,000,000 ounces of silver in 2022. However, the focus of the company is shifting to the Back Forty project in Michigan, which has an NPV of $259 million at $1,300 per ounce of gold.

Gold Resource: Back Forty Looks Good On Paper, But I Have Funding Concerns

Gold Resource Corporation (NYSE:GORO ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Kim Perry - Chief Financial Officer Allen Palmiere - President & Chief Executive Officer Alberto Reyes - Chief Operating Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Operator Good morning, and welcome to the Gold Resource Corporation First Quarter 2022 Financial and Operating Results Conference Call.

Gold Resource Corporation (GORO) CEO Allen Palmiere on Q1 2022 Results - Earnings Call Transcript

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) said it ended March with working capital of $32.4 million, $3.1 million higher than at the end of December, as it benefitted from higher base metals prices and the timing of shipments.  Reporting results for the quarter to March 31, 2022, the Denver-based metals producer and explorer said it sold a total of 8,381 ounces of gold and 265,407 ounces of silver for a gold equivalent total of 11,729 ounces.

Gold Resource Corp reports robust financial results and strong balance sheet for 1Q 2022

News for Gold Resource Stock (GORO)