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Jun 30, 2020
Gold Resource Q2 2020 Earnings Report
Second quarter results were reported with a net loss due to the mandatory shutdown of operations in Mexico.
Key Takeaways
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.
Net sales of $21.1 million.
Cash balance of $13.3 million at June 30, 2020, an increase from the December 31, 2019 balance of $11.1 million.
Working capital of $33.6 million, an increase of 48% from December 31, 2019.
Consolidated production of 7,649 gold ounces and 191,232 silver ounces.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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