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Mar 31, 2024
Gold Resource Q1 2024 Earnings Report
Reported financial results for the first quarter of 2024.
Key Takeaways
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.
Produced and sold 3,557 ounces of gold and 216,535 ounces of silver.
Produced and sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead.
Net loss was $4.0 million or $0.05 per share for the quarter, which was after $0.9 million in expenses for DDGM exploration development and underground drilling.
Cash balance of $5.7 million with no debt and working capital of $13.6 million at March 31, 2024.