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Jun 30, 2021

Gold Resource Q2 2021 Earnings Report

Reported strong financial results with increased revenue and operating cash flow.

Key Takeaways

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.

Revenue reached $30.8 million.

Cash flow from operating activities was $9.3 million.

Cash balance stood at $30.5 million as of June 30, 2021.

Net income was $1.3 million, or $0.02 per share.

Total Revenue
$30.8M
Previous year: $21.1M
+46.2%
EPS
$0.02
Previous year: -$0.03
-166.7%
Gross Profit
$6.88M
Cash and Equivalents
$30.5M
Previous year: $13.3M
+128.8%
Free Cash Flow
$4.29M
Total Assets
$115M

Gold Resource

Gold Resource

Forward Guidance

The company is focused on unlocking the value of the Don David Gold Mine and is reviewing capital allocation for 2021.