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Dec 31, 2019
Gold Resource Q4 2019 Earnings Report
Gold Resource Corporation achieved record annual gold production and ninth consecutive year of profitability.
Key Takeaways
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.
Achieved its ninth consecutive year of profitability.
Record consolidated annual gold production.
Achieved 2019 Oaxaca Mining Unit gold production outlook range with 29,435 ounces.
Achieved 2019 Oaxaca Mining Unit silver production outlook range with 1.72 million ounces.
Gold Resource
Gold Resource
Forward Guidance
The Company is targeting 2020 consolidated annual production (with ranges based on plus or minus 10%) of 54,000 ounces gold and 1,700,000 ounces silver.