Gold Resource Stock Price, News & Analysis

Gold Resource Corporation (NYSE American: GORO) reported Q3 2025 operational and liquidity results for Don David Gold Mine on November 4, 2025. Q3 production was 6,298 AuEq oz (1,422 oz gold; 417,710 oz silver) with realized prices of $3,546/oz gold and $41.39/oz silver. Q3 net loss was $4.7 million ($0.03/share); year‑to‑date net losses totaled $24.5 million. Cash and cash equivalents were $9.8 million and working capital was $12.8 million as of Sept 30, 2025. Total cash cost after co‑product credits was $2,116/AuEq oz; AISC was $2,983/AuEq oz. The company raised financing in 2025 (two registered direct offerings and ATM proceeds) but stated substantial doubt about going concern given lower production and grades.

Gold Resource Corporation (NYSE American: GORO) will host a conference call on Wednesday, November 5, 2025 at 12:00 p.m. ET.

Management presenting: Allen Palmiere (President & CEO), Armando Alexandri (COO) and Chet Holyoak (CFO). The call includes prepared remarks followed by a live Q&A. Participants can join via webcast or telephone. Dial-in details: toll-free +1 (800) 717-1738, international +1 (289) 514-5100, Conference ID 53885. The call will be recorded and the replay posted to the company website later the same day.

Gold Resource Corporation (NYSE American: GORO) has announced a registered direct offering of up to 25,315,960 shares at $0.45 per share, aiming to raise approximately $11.4 million in gross proceeds.

The company plans to use $6.4 million to fully prepay a loan under the June 2025 Loan Agreement with Don David Gold Mexico and other lenders. The remaining proceeds will support working capital needs, development of the Three Sisters vein system at Don David Gold Mine, and advance the Back Forty Project in Michigan.

The offering is expected to close around September 5, 2025, subject to customary conditions, and is being made through a shelf registration statement previously declared effective by the SEC.

Gold Resource Corporation (NYSE American: GORO) reported challenging Q2 2025 financial results from its Don David Gold Mine in Mexico. The company produced 2,420 gold equivalent ounces, including 878 gold ounces and 150,365 silver ounces. Gold and silver were sold at average prices of $3,350 and $34.35 per ounce, respectively.

The company reported a net loss of $11.5 million ($0.09 per share), with total cash costs of $4,017 per AuEq ounce and AISC of $5,458 per AuEq ounce. Production challenges stemmed from aging equipment and limited production zones. To address these issues, GORO secured additional funding through ATM sales and a $6.28 million loan, while also engaging Cominvi Servicios as a mining contractor.

The company ended Q2 with $12.7 million in cash and $10.4 million in working capital, but warned of substantial doubt about its ability to continue as a going concern without successful development of new mining areas.

Gold Resource Corporation (NYSE American: GORO) has reported significant drilling results from its H1 2025 underground drilling campaign at the Don David Gold Mine in Oaxaca, Mexico. The program focused on the Three Sisters vein system, completing 51 underground drill holes totaling 6,615 meters.

Key operational improvements include: engagement of Cominvi Servicios for accelerated development with over 1,350 meters completed, implementation of cut-and-fill mining methods to reduce dilution, and ordering of a third dry stack filter press. Notable drill results include intercepts of up to $1,665/t NSR over 4.83 meters ETW (23.73 g/t AuEq) in the Sandy 5 vein.

The Three Sisters system has been successfully accessed on three levels, with high-grade sampling returning 36.72 g/t gold and 2,341 g/t silver over 0.90 meters on Level 4. The company is also replacing aging equipment and optimizing mill processes to improve recoveries.

Gold Resource Corporation (NYSE American: GORO) has secured a US$6.28 million debt facility through a loan agreement with Francisco Javier Reyes de la Campa and Jaluca Limited. The 18-month facility, maturing on December 26, 2026, carries an interest rate of SOFR plus 5% per annum.

The funds will be used for working capital, specifically to develop and initiate production at the Three Sisters area of the Don David Gold Mine, purchase replacement mining equipment, and fund mill upgrades. As part of the agreement, GORO issued warrants for 1.5 million shares at an exercise price of $0.65 per share, expiring June 26, 2027.

Gold Resource Corporation (NYSE American: GORO) has appointed Peter L. Gianulis to its Board of Directors. Gianulis brings over 25 years of experience in the natural resources sector, with a proven track record of successful exits in companies like Hathor Exploration, CGA Mining, and Northern Orion Resources. He currently serves as CEO of Allegiant Gold Ltd. and President of Carrelton Asset Management. His extensive background includes directorship roles at Organto Foods Inc. and Orea Mining Corp., as well as a partnership at Salomon Brothers Hedge Fund Group. Gianulis holds degrees from UC San Diego, Cornell University, and ESADE Barcelona.

Gold Resource Corporation (NYSE: GORO) reported challenging Q1 2025 results from its Don David Gold Mine in Mexico. The company produced 3,394 gold equivalent ounces, including 859 gold ounces and 230,320 silver ounces. Financial results showed a net loss of $8.3 million ($0.07 per share), with total cash costs of $2,494 per AuEq ounce and AISC of $3,252 per AuEq ounce. The company faces significant operational challenges due to aging equipment and limited production zones, leading to substantial doubt about its ability to continue operations beyond Q3 2025. GORO has secured some funding through ATM sales ($8.6M) and received a Mexican tax refund ($4.0M), but requires approximately $15M in additional capital for equipment upgrades and working capital to develop new mining areas.

Gold Resource (NYSE American: GORO) announced management changes with Alberto Reyes departing as Chief Operating Officer effective April 21, 2025. Armando Alexandri has been appointed as the new COO effective immediately.

Alexandri brings over 40 years of mining experience, primarily in Mexico, Peru, Chile, and Ecuador. His expertise includes designing, building, and operating both underground and open-pit mines and processing plants across various Mexican regions. Notable achievements include expanding operations at the Bolivar Mine, Impact Silver's operations, Nukay (Los Filos) operation, Tahuehueto project, and Campo Morado mine.

As former COO of Luca Mining , Alexandri successfully turned around the Tahuehueto project and Campo Morado mine to profitability. He also served as President of the American Institute of Mining Engineers (Mexico) from 1999 to 2000.