Gold Resource Corporation Declares Quarterly Dividend

Rhea-AI Summary

Gold Resource Corporation (NYSE American: GORO) has announced a quarterly dividend of $0.01 per share for Q2 2022, payable on June 30, 2022, to shareholders of record as of June 15, 2022. This dividend is subject to variation based on operational cash flows, company strategies, construction needs, and market conditions. The company primarily operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on developing its Back Forty Project in Michigan, USA.

Positive

• Quarterly dividend of $0.01 per share reflects ongoing commitment to shareholders.
• Operations centered on Don David Gold Mine in Oaxaca, Mexico, indicating steady resource production.
• Focus on developing the Back Forty Project, potentially increasing future revenue streams.

Negative

• Dividend amount may vary or be discontinued depending on operational cash flow and market conditions.

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 second quarter of 2022 payable on June 30, 2022, to shareholders of record as of June 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/20220428005985/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 Q2 2022?

Gold Resource Corporation (GORO) declared a dividend of $0.01 per share for Q2 2022.

When is the dividend payment date for GORO?

The dividend payment date for GORO is June 30, 2022.

What is the record date for GORO's dividend?

The record date for GORO's dividend is June 15, 2022.

Can the dividend for GORO be changed?

Yes, the dividend may vary or be discontinued based on operational cash flows and market conditions.