STOCK TITAN

Gold Resource Corp - GORO STOCK NEWS

Welcome to our dedicated news page for Gold Resource (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Gold Resource.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gold Resource's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gold Resource's position in the market.

Rhea-AI Summary
Gold Resource (GORO) announces preliminary first quarter production results, including the sale of 3,557 ounces of gold and 216,535 ounces of silver. The company also sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead. The average metal prices realized have increased compared to the previous year. The company is focusing on cost reductions and operational efficiencies to improve profitability and is moving forward with a drill program to increase resources and reserves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
-
Rhea-AI Summary
Gold Resource Corporation (GORO) releases full-year operational results for 2023, highlighting 18,534 ounces of gold, 1,036,229 ounces of silver, and more. The company faces challenges with lower financial results due to external factors like a strengthened Mexican Peso and lower metal prices. Despite this, the company maintains a cash balance of $6.3 million with no debt and working capital of $15.2 million. The completion of the Back Forty Optimization Study shows promising economic returns, while ongoing exploration efforts aim to enhance future mine plans and resources. The company's focus remains on maximizing shareholder value through strategic alternatives, including a potential sale or merger.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.61%
Tags
none
-
Rhea-AI Summary
Gold Resource Corporation (GORO) announces preliminary fourth quarter results, including the sale of 3,757 ounces of gold and 258,252 ounces of silver. The company sold 2,182 tonnes of zinc, 327 tonnes of copper, and 820 tonnes of lead. The president and CEO stated that production was lower due to lower average grades but the 2023 drill program showed positive results. The company faced challenges with lower metal prices and a strong Mexican peso against the US Dollar. The conference call will be held on March 14, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Gold Resource Corporation (NYSE American: GORO) announces exceptional results from step-out exploration drill hole 523136 at Don David Gold Mine. The hole intersects 17.3 meters grading 12.54 g/t Au/Eq, including 9.4 g/t Au and 263 g/t Ag, showcasing high-grade resources that are more easily accessible. The results will be incorporated into a 2023 year-end resource estimate update to be released in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.9%
Tags
none
-
Rhea-AI Summary
Gold Resource Corporation (GORO) announces year-to-date operational results from its Don David Gold Mine in Mexico. They have produced and sold 14,777 ounces of gold, 777,977 ounces of silver, 8,772 tonnes of zinc, 904 tonnes of copper, and 3,681 tonnes of lead. The cash balance is $6.7 million with no debt and working capital of $13.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.5%
Tags
-
Rhea-AI Summary
Gold Resource Corporation (GORO) has announced the postponement of its third quarter 2023 financial results release to allow for completion of the audit procedures. The preliminary results remain unchanged. The conference call to discuss the results will be held on November 7, 2023. The call will be recorded and posted on the company's website. The call will include a live Q&A session with the President, COO, and CFO. Two options are available to join the call: webcast or telephone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Gold Resource Corporation announces results of Technical Report Summary for Back Forty Project in Michigan
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Gold Resource Corporation to host conference call on November 3, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
-
Rhea-AI Summary
Gold Resource Corporation announces preliminary third quarter results, including the sale of 3,982 ounces of gold and 208,905 ounces of silver. The company also sold 2,571 tonnes of zinc, 245 tonnes of copper, and 947 tonnes of lead. The average metal prices realized for gold, silver, copper, lead, and zinc are also provided. The company's CEO mentions challenges such as decreased metal prices and the strengthening of the Mexican peso against the US Dollar. However, they are encouraged by positive results from their drill program at the Don David Gold Mine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.5%
Tags
Rhea-AI Summary
Gold Resource Corporation provides an update on its ongoing drill programs at the Don David Gold Mine, with positive results indicating potential easily accessed resources in three different areas of the underground mine. The company's exploration investment strategy aims to increase the mine life by converting resources into reserves for near- and mid-term mine plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
none
Gold Resource Corp

NYSE:GORO

GORO Rankings

GORO Stock Data

47.68M
88.33M
0.7%
19.63%
0.19%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Colorado Springs

About GORO

gold resource corp (goro) is a mining and metals company located in 2886 carriage manor pt, colorado springs, colorado, united states.