Welcome to our dedicated page for Gold Resource news (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Gold Resource stock.
Gold Resource Corp (GORO) delivers timely updates on its gold and silver mining operations through this dedicated news hub. Investors and industry observers will find official press releases, financial reports, and operational developments from the company’s key projects in Mexico and the United States.
This resource consolidates critical information about production milestones, exploration progress, and strategic initiatives. Track updates from the Don David Gold Mine in Oaxaca and Michigan’s Back Forty project alongside corporate financial disclosures. All content is sourced directly from company communications to ensure accuracy.
Key updates include quarterly earnings announcements, resource estimates, and operational efficiency reports. The curated collection serves as both a historical record and real-time tracking tool for GORO’s performance in the precious metals sector.
Bookmark this page for streamlined access to verified information about Gold Resource Corp’s activities. Regularly updated content supports informed analysis of the company’s position within the competitive mining landscape.
Gold Resource (NYSE American: GORO) reported its Q2 2024 financial results for the Don David Gold Mine in Mexico. Key highlights include:
- Production of 2,724 oz gold and 234,560 oz silver
- Production of 1,771 tonnes zinc, 197 tonnes copper, and 491 tonnes lead
- Cash balance of $5.3 million and working capital of $14.3 million
- Net loss of $27.7 million or $0.30 per share
- Total gold equivalent ounces sold: 5,625
- Total sales: $20.8 million
The company faced production delays due to excessive rains and social issues related to Mexico's presidential election. Positive factors included a stronger US Dollar and higher metal prices. The drilling program progressed with positive results, potentially expanding resources and reserves.
Gold Resource (NYSE American: GORO) has announced a conference call scheduled for Wednesday, August 7, 2024, at 12:00 p.m. Eastern Time. The call will feature prepared remarks followed by a live Q&A session with key executives, including Allen Palmiere (President and CEO), Alberto Reyes (COO), and Chet Holyoak (CFO). Participants can join via webcast or telephone, with the call being recorded and later posted on the company's website. This event provides an opportunity for investors and analysts to gain insights into GORO's performance and future outlook directly from its leadership team.
Gold Resource reported its financial results for the first quarter of 2024, highlighting the production and sale of gold, silver, zinc, copper, and lead. The company also provided a corporate update on its activities, including operational challenges, exploration programs, and safety measures. Despite a net loss of $4.0 million for the quarter, the company maintained a cash balance of $5.7 million with no debt. The first quarter saw successful progress in the underground drilling program at the Don David Gold Mine, with positive results in identifying high-grade ore shoots. The company continues to focus on improving recoveries and cost efficiency amidst challenges such as lower base metal prices.
Gold Resource (NYSE American: GORO) has rescheduled the release of its first quarter 2024 financial results to allow for completion of audit procedures. The conference call will take place on May 3, 2024, with the preliminary results remaining unchanged. The company is a gold and silver producer, developer, and explorer focusing on the Don David Gold Mine in Mexico and the Back Forty Project in the USA.
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