Gold Resource Stock Price, News & Analysis

Gold Resource Corporation (NYSE American: GORO) has announced a quarterly dividend of $0.01 per common share for Q4 2022, payable on December 30, 2022, to shareholders on record as of December 15, 2022. The dividend's amount and consistency may change at the Board's discretion based on operational cash flows, company strategies, and market conditions. GRC operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on leveraging its land position and developing the Back Forty Project in Michigan, USA.

Gold Resource Corporation (GORO) reported a third quarter 2022 loss of $9.7 million, impacted by lower metal prices and increased depreciation costs. The company sold 5,478 ounces of gold and 225,012 ounces of silver, totaling 8,042 gold equivalent ounces. Despite a cash balance of $22.5 million, capital investments exceeded $24 million, primarily in the Back Forty Project feasibility and permitting. Safety improvements delayed production, but the company remains on track with its 2022 guidance. The conference call is scheduled for November 1, 2022.

Gold Resource Corporation (GORO) reported sales of 5,478 ounces of gold and 225,012 ounces of silver in Q3 2022, totaling 8,042 gold equivalent ounces. The company also sold 2,943 tonnes of zinc, 282 tonnes of copper, and 1,056 tonnes of lead, contributing to a cash balance exceeding $22 million. Production at the Don David Gold Mine in Mexico is on track with ongoing feasibility studies at the Back Forty Project in Michigan. A conference call is scheduled for November 1, 2022.

Gold Resource Corporation (NYSE American: GORO) has been invited to a Scoping Environmental Impact Assessment (SEIA) Meeting by Michigan's Department of Environment, Great Lakes and Energy on August 5, 2022. The meeting will allow the company to present the initial site plan and discuss the permitting process for the Back Forty Project. Key improvements include a combined open pit and underground mine, reduced wetland impacts, and a filtered tails facility. CEO Allen Palmiere emphasized the company's commitment to environmental and community concerns.

Gold Resource Corporation (GORO) has declared a quarterly dividend of $0.01 per common share for Q3 2022, payable on September 30, 2022, to shareholders of record as of September 15, 2022. The board maintains discretion over dividends, which may vary or be discontinued based on factors such as operational cash flow and market conditions. GORO operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on enhancing its infrastructure and developing the Back Forty Project in Michigan.

Gold Resource Corporation (GORO) reported solid Q2 2022 performance with gold equivalent sales of 11,475 ounces. The company achieved an operating cash flow of $12.2 million and EBITDA of $29.0 million, while reinforcing 2022 production and cost guidance. Cash balance exceeded $33.3 million after investing over $15 million in capital and exploration. The Don David Gold Mine received the Empresa Socialmente Responsable award for the eighth consecutive year. Shareholder dividends reached $0.9 million this quarter.

Gold Resource Corporation (AMEX: GORO) achieved a strong Q2 2022, selling 8,746 ounces of gold and 231,622 ounces of silver, totaling 11,475 gold equivalent ounces. The company also sold metals including 3,590 tonnes of zinc and 286 tonnes of copper, contributing to a cash balance exceeding $33 million. Production at the Don David Gold Mine remains solid, with ongoing advancements at the Back Forty Project in Michigan.

Gold Resource Corporation (GORO) reported a cash balance of $31.2 million and a net income of $4.0 million for Q1 2022, translating to an EPS of $0.05. The company sold 8,381 ounces of gold and 265,407 ounces of silver, generating $45.4 million in revenue. Investments totaled $7.1 million in exploration and infrastructure, with significant progress in environmental governance. The Don David Gold Mine received the ESR award for community commitment for the eighth year, reinforcing its social responsibility.

Gold Resource Corporation (NYSE American: GORO) will release its financial and operating results for the period ended March 31, 2022 on May 9, 2022, after market close. A conference call is scheduled for May 10, 2022, at 11:00 a.m. Eastern Time, featuring remarks from CEO Allen Palmiere, COO Alberto Reyes, and CFO Kim Perry, followed by a Q&A session. Interested parties can join the conference via webcast or phone. For further details about the company's operations, visit www.goldresourcecorp.com.