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Mar 31, 2022
Gold Resource Q1 2022 Earnings Report
Reported robust financial results and strong balance sheet.
Key Takeaways
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.
Cash balance of $31.2 million.
Net income of $4.0 million, or $0.05 EPS.
Revenue of $45.4 million.
Reinvested $7.1 million into exploration and infrastructure improvements at the Don David Gold Mine.
Forward Guidance
The company plans to invest a total of $8.5 million to $9.5 million in underground development and an additional $4.0 million to $4.5 million in exploration development in 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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