Gold Resource Stock Price, News & Analysis

Gold Resource Corporation (NYSE American: GORO) announced a shift from monthly to quarterly dividend payments. The first $0.01 quarterly dividend is scheduled for June 30, 2021, to shareholders on record as of June 15, 2021. This change aims to enhance corporate governance and may affect dividend amounts based on operational cash flows and market conditions. The company, which operates in Oaxaca, Mexico, seeks to maximize its resource potential under new leadership. For comprehensive risk factors, refer to the Company’s 10-K filing.

Gold Resource Corporation (GORO) reported its Q1 2021 financial results, producing 6,097 gold ounces and 307,610 silver ounces, totaling 10,750 gold equivalent ounces. The company achieved a net income of $2.5 million with earnings per share of $0.03 on revenues of $27.3 million. Cash costs were $408 per ounce, while all-in sustaining costs rose to $937 per ounce. The company plans to invest $5.0 million into exploration and maintains a cash balance of $27.2 million. A conference call is scheduled for April 29, 2021.

Gold Resource Corporation (NYSE American: GORO) announces the departure of Chief Operating Officer Rick Irvine, effective May 19, 2021. President and CEO Allen Palmiere expressed gratitude for Irvine's contributions to the company's growth and success. Gold Resource Corporation, based in Denver, focuses on gold and silver production, development, and exploration, particularly in Oaxaca, Mexico. The new leadership aims to enhance the potential of its existing infrastructure and land around the mine. For more details, visit the company's website.

Gold Resource Corporation (NYSE American: GORO) announced preliminary production results for Q1 2021, reporting 5,019 payable ounces of gold and 253,061 ounces of silver from its Oaxaca Mining Unit. Base metals produced included 382 tonnes of copper, 1,176 tonnes of lead, and 3,134 tonnes of zinc. Despite some production delays due to challenging ground conditions, the company remains confident in meeting its annual production guidance. Cash costs and All-in Sustaining Costs per ounce have significantly declined, attributed to a 30% reduction in treatment charges.

Gold Resource Corporation (NYSE American: GORO) announced its participation in the H.C. Wainwright Spring Mining Conference scheduled for April 19-20, 2021. CEO Allen Palmiere will present the company's business overview and engage in one-on-one investor meetings. Interested institutional investors can register for the event via a provided link. The company operates in Oaxaca, Mexico, focusing on optimizing its existing infrastructure and land position. A webcast of the presentation will be available for 90 days post-event.

Gold Resource Corporation (NYSE American: GORO) has declared a monthly dividend of one-third of a cent per share for March 2021, payable on April 23, 2021. Shareholders of record as of April 12, 2021 will receive this dividend. The company provides an option for shareholders to convert their cash dividends into physical gold and silver. The dividend amount may vary or be discontinued based on operational cash flow, development needs, and market conditions. GRC operates in Oaxaca, Mexico, focusing on maximizing the potential of its existing resources.

Gold Resource Corporation (GORO) has established a Technical Advisory Committee, retaining Dale Finn and Joe Spiteri as its initial members. The committee will advise the board on operational and strategic goals. President and CEO Allen Palmiere expresses confidence in their expertise to enhance growth and productivity. Finn boasts over 31 years of experience with Newmont, while Spiteri has over 35 years in advanced-stage exploration and acquisitions. GRC aims to unlock the upside potential of its land position in Oaxaca, Mexico.

Gold Resource Corporation (NYSE American: GORO) has declared a monthly dividend of one-third of a cent per share for February 2021, payable on March 23, 2021, to shareholders on record as of March 11, 2021. Shareholders have the option to convert cash dividends into physical gold and/or silver. The dividend amount may vary and is subject to the Board’s discretion based on operational cash flows and market conditions. Gold Resource Corporation operates in Oaxaca, Mexico, focusing on gold and silver production and development.

Gold Resource Corporation (NYSE American: GORO) will release its fourth quarter and year-end financial results for 2020 on February 24, 2021, post-market. A conference call is scheduled for February 25, 2021, at 10:00 a.m. Eastern Time. The call will include prepared remarks followed by a Q&A session with CEO Allen Palmiere and CFO Kim Perry. Interested parties can join via webcast or by phone. GRC focuses on gold and silver production and exploration in Oaxaca, Mexico.