Gold Resource Corporation Announces Third Quarter Conference Call

Rhea-AI Summary

Gold Resource Corporation (NYSE American: GORO) announced its third quarter earnings conference call set for November 3, 2020, at 11:00 AM ET. The call will cover third quarter results, operational updates, and plans to spin off its Nevada Mining Unit. Since July 2010, the Company has returned $115 million to shareholders through dividends, with options to convert cash dividends into physical gold and silver. Gold Resource Corporation has generated over $1 billion in revenue, focusing on low capital expenditure projects with high return potential.

Positive

• Returned $115 million to shareholders through dividends since July 2010.
• Generated over $1 billion in revenue.
• Plans to spin off Nevada Mining Unit could unlock shareholder value.

Negative

• Potential operational risks related to COVID-19 pandemic.
• Uncertainty regarding future production rates.

COLORADO SPRINGS, CO, Oct. 30, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the timing of its third quarter earnings conference call scheduled for Tuesday, November 3, 2020. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $115 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. 

Conference Call 

Gold Resource Corporation’s CEO Mr. Jason Reid will host the conference call Tuesday, November 3, 2020 at 11:00 a.m. Eastern Time. Topics of discussion will include third quarter results, an update on current operations and the Company’s intent to spin-off its Nevada Mining Unit to shareholders. The conference call will be recorded and posted to the Company’s website.

Q&A 

Following Mr. Reid’s opening remarks, the Company will host a live question and answer (Q&A) session. 

Date: Tuesday, November 3, 2020 

Time: 11:00 AM Eastern (9:00 AM Mountain) 

There are two ways to join the conference call; one option is a “listen-only” mode (no Q&A access), while the second “dial-in” option gives the listener access to the Q&A:

Listen-only mode:

To join the conference in a “listen-only” mode via webcast, please click on the following link: https://www.webcaster4.com/Webcast/Page/2361/38292.  

Listen-mode with Q&A access by dial-in:

Any attendee who may wish to ask a question during the Q&A, please join the call by teleconference using the following dial-in details:

Toll Free: 844-407-9500

International: 862-298-0850 

Please connect to the conference call at least 10 minutes prior to the start time using one of the connection options listed above. 

About GRC: 

Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company targets low capital expenditure projects with potential for generating high returns on capital. The Company has reached milestones including a decade of production, generated over $1 billion in revenue and has returned $115 million back to its shareholders in consecutive monthly dividends since July 2010. In addition, the Company also offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk factors involved. 

Cautionary Statements:

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation’s strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, the scope, duration, and impact of the COVID-19 pandemic on mining operations, Company employees, and supply chains as well as the scope, duration and impact of government action aimed at mitigating the pandemic may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Also, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company’s 10-K filed with the SEC. 

Contacts:
Corporate Development
Greg Patterson
303-320-7708
www.goldresourcecorp.com 

FAQ

When is Gold Resource Corporation's Q3 earnings conference call?

The conference call is scheduled for November 3, 2020, at 11:00 AM ET.

What will be discussed in the upcoming earnings call for GORO?

The call will cover third quarter results, operational updates, and the spin-off of the Nevada Mining Unit.

How much has Gold Resource Corporation returned to shareholders in dividends?

Gold Resource Corporation has returned $115 million to shareholders since July 2010.

What are the recent revenue figures for Gold Resource Corporation?

The Company has generated over $1 billion in revenue.