Gold Resource Earnings Reports

Gold Resource Corporation reported a net loss of $10.5 million for Q3 2024, primarily due to decreased net sales resulting from equipment issues, limited mining faces, and adverse weather. The company's working capital stood at $6.1 million, with a cash balance of $1.4 million. The company is seeking $7 million to obtain additional mining equipment and mill upgrades.

Gold Resource Corporation reported a net loss of $27.7 million, or $0.30 per share, for the second quarter of 2024. The company produced and sold 2,724 ounces of gold and 234,560 ounces of silver. The company's cash balance was $5.3 million at the end of the quarter.

Gold Resource Corporation reported a net loss of $4.0 million, or $0.05 per share, for the first quarter of 2024. The company produced and sold 3,557 ounces of gold and 216,535 ounces of silver. The company had a cash balance of $5.7 million with no debt and working capital of $13.6 million at the end of the quarter.

Gold Resource Corporation reported its Q3 2023 operational results, which aligned with the 2023 mine plan and guidance. However, financial results were lower than planned due to factors such as a strengthening Mexican Peso, increased power costs, and lower metal prices. The company initiated a review of strategic alternatives to maximize shareholder value.

Gold Resource Corporation announced its mid-year and quarterly operational results from its Don David Gold Mine in Oaxaca, Mexico. The company produced and sold 4,287 ounces of gold and 274,257 ounces of silver. The total cash cost after co-product credits for the quarter was $1,333 per gold equivalent ounce.

Gold Resource Corporation reported a net loss of $1 million with revenue of $31.2 million and mine gross profit of $3.9 million for the quarter ended March 31, 2023. The company sold 10,055 gold equivalent ounces and invested $5 million in the Don David Gold Mine and Back Forty Project.

Gold Resource Corporation reported a net loss of $6.3 million with revenue of $138.7 million and mine gross profit of $29.7 million for the year ended December 31, 2022. The company sold 42,757 gold equivalent ounces, exceeding its 2022 guidance. A total of $31.3 million was invested in the Don David Gold Mine and Back Forty Project.

Gold Resource Corporation reported a net loss of $9.7 million for Q3 2022, impacted by lower metal prices, higher depreciation, and Back Forty project expenses, while maintaining a strong cash balance of $22.5 million and investing over $24 million in capital and exploration.

Gold Resource Corporation reported improved year-over-year financial results for Q2 2022, with a cash balance of over $33.3 million after investing over $15 million in capital and exploration. The company also reported operating cash flow of $12.2 million and EBITDA of $29.0 million. Production remains solid at the Don David Gold Mine in Mexico.

Gold Resource Corporation reported a strong first quarter in 2022, with a cash balance of $31.2 million, net income of $4.0 million or $0.05 EPS, and revenue of $45.4 million.

Gold Resource Corporation reported strong revenue of $30.8 million and cash flow from operating activities of $9.3 million for the second quarter of 2021. The company's cash balance increased to $30.5 million at the end of June. Net income was $1.3 million, or $0.02 per share.

Gold Resource Corporation reported a net income of $2.5 million, with earnings per share at $0.03, on revenues of $27.3 million for the first quarter of 2021. The company produced 6,097 gold ounces and 307,610 silver ounces, totaling 10,750 gold equivalent ounces, with payable ounces sold totaling 8,810 gold equivalent ounces at a cash cost of $408 per ounce.

Gold Resource Corporation reported a net income of $4.4 million and revenue of $90.7 million for the year ended December 31, 2020. The Don David Gold Mine delivered solid production results despite a two-month mandatory government shut-down.

Gold Resource Corporation reported a successful third quarter with a net income of $5.0 million, or $0.07 per share. The Oaxaca Mining unit returned to generating free cash flow, and the Nevada Mining Unit achieved record quarterly gold production, increasing by 51% over the prior quarter. The company also initiated the spin-off of the Nevada Mining Unit to shareholders as Fortitude Gold Corporation.

Gold Resource Corporation reported consolidated production results for the second quarter ended June 30, 2020 of 7,649 ounces of gold and 191,232 ounces of silver, resulting in consolidated net revenue of $21.1 million.

Gold Resource Corporation reported consolidated production results for Q1 2020 with a net revenue of $28 million and $5 million operating cash flow. The company recorded a net loss of $3.1 million, or $0.05 per share. The Mexican government declared a country-wide health emergency and mandatory non-essential business suspension due to COVID-19, requiring the company to suspend its Mexico operations and withdraw its 2020 production outlook.

Gold Resource Corporation reported its ninth consecutive year of profitability with a net income of $5.8 million, or $0.09 per share. The company also achieved a record annual gold production of 40,318 ounces and 1,732,604 silver ounces.