Gold Resource Corporation Declares Quarterly Dividend

Rhea-AI Summary

Gold Resource Corporation (NYSE American: GORO) has announced a quarterly dividend of $0.01 per common share for Q4 2022, payable on December 30, 2022, to shareholders on record as of December 15, 2022. The dividend's amount and consistency may change at the Board's discretion based on operational cash flows, company strategies, and market conditions. GRC operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on leveraging its land position and developing the Back Forty Project in Michigan, USA.

Positive

• Quarterly dividend of $0.01 per share declared for Q4 2022.
• Dividend payment reflects GRC's commitment to returning value to shareholders.

Negative

• Dividends may vary or be discontinued, posing potential uncertainty for income investors.
• Reliance on operational cash flows and market conditions may affect future dividend stability.

DENVER--(BUSINESS WIRE)-- Gold Resource Corporation (NYSE American: GORO) (the “Company”) declared its quarterly dividend of one cent ($0.01) per common share for the fourth quarter of 2022 payable on December 30, 2022, to shareholders of record as of December 15, 2022.

Dividends may vary in amount and consistency or be discontinued at the Board of Directors’ discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission.

About GRC:

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. Under the direction of an experienced board and senior leadership team, the company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, USA. For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the company’s Form 10-K for an understanding of the risk factors associated with its business.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221101006330/en/

Kim Perry

Chief Financial Officer

Kim.Perry@GRC-USA.com

www.goldresourcecorp.com

Source: Gold Resource Corporation

FAQ

What is the dividend amount for GORO in Q4 2022?

Gold Resource Corporation declared a dividend of $0.01 per share for Q4 2022.

When will the GORO dividend be paid?

The dividend will be payable on December 30, 2022.

What is the record date for the GORO dividend?

The record date for the dividend is December 15, 2022.

Can the GORO dividend amount change?

Yes, the dividend amount and consistency may vary at the Board of Directors' discretion.

What factors affect the GORO dividend?

Dividends depend on operational cash flows, company strategies, market conditions, and more.