Welcome to our dedicated page for Gold Resource Corporation news (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Gold Resource Corporation stock.
Gold Resource Corporation (GORO) is a dynamic mining and metals company headquartered in Colorado Springs, Colorado, USA. Specializing in the production, development, and exploration of gold and silver, GORO operates significant projects in Oaxaca, Mexico, and Nevada, USA. The company focuses on low capital expenditure projects with the potential for high returns, ensuring efficient and profitable operations.
The company's flagship project, Don David Gold in Oaxaca, Mexico, is a prime example of its commitment to resource extraction and economic growth. Additionally, the Back Forty project in Michigan, USA, underscores GORO's strategic expansion and exploration efforts.
Gold Resource Corporation's approach balances operational efficiency with sustainable practices, aiming for minimal environmental impact while maximizing output. The company is known for its robust financial health, strategic partnerships, and a strong portfolio of valuable assets.
With a focus on delivering shareholder value, GORO continually seeks new opportunities to enhance its production capabilities and resource base. Its transparent business practices and commitment to community engagement further solidify its reputation in the industry. Stay updated with the latest news and developments from Gold Resource Corporation to understand its impact and future trajectory.
Gold Resource Corporation (GORO) announced a monthly dividend of one-third cent per share for September 2020, payable on October 23 to shareholders on record as of October 12. The company has returned $115 million to shareholders since July 2010 through consecutive dividends. GORO offers an option to convert dividends into physical gold and silver. The dividend amount may vary, depending on operational cash flow, market conditions, and other factors. The company focuses on low capital expenditure projects with high return potential and has generated over $1 billion in revenue.
Gold Resource Corporation (GORO) has declared a monthly dividend of one-third of a cent per share for August 2020, payable on September 23, 2020, to shareholders of record by September 11, 2020. Since July 2010, the Company has returned $114 million to shareholders through consecutive monthly dividends. Additionally, GORO offers a unique program allowing shareholders to convert cash dividends into physical gold and silver. The dividend may vary based on operational cash flows, company strategies, and market conditions.
Gold Resource Corporation (NYSE American: GORO) has appointed Ms. Kimberly Perry as the new Chief Financial Officer, succeeding John Labate, who is retiring after 35 years in the mining industry. Ms. Perry, a Board member since 2019 with 16 years of experience, will step down from her board role on August 14, 2020. The company has returned over $114 million to shareholders in dividends since July 2010 and offers shares the option to convert cash dividends into physical gold and silver. The transition aims to maintain the company’s financial stability and growth in mining operations.
Gold Resource Corporation (GORO) reported Q2 2020 production results, generating $21.1 million in net revenue with 7,649 ounces of gold and 191,232 ounces of silver produced. Operations at its Oaxaca Mining Unit were suspended for nearly eight weeks due to COVID-19 but resumed on May 27, 2020. The company achieved a 41% increase in gold production at its Isabella Pearl project. Despite this, GORO recorded a net loss of $1.8 million. The company maintains a strong cash balance of $13.3 million and a working capital increase of 48% from the previous year.
Gold Resource Corporation (NYSE American: GORO) announced its second quarter earnings conference call set for August 5, 2020, at 11:00 a.m. Eastern Time. The company, known for its operations in Oaxaca, Mexico, and Nevada, has returned $114 million to shareholders through monthly dividends since July 2010. The call will feature CEO Jason Reid discussing quarterly results and updates on operations, with a Q&A session to follow. GORO offers shareholders a unique option to convert cash dividends into physical gold and silver.
Gold Resource Corporation (GORO) has declared a monthly dividend of one-third of a cent per common share for July 2020, payable on August 24, 2020, to shareholders of record as of August 11, 2020. Since July 2010, the company has returned $114 million to shareholders through monthly dividends. Shareholders can convert cash dividends into physical gold and silver. However, dividends may vary or be discontinued based on factors such as operational cash flows and market conditions.
Gold Resource Corporation (NYSE American: GORO) has announced a monthly dividend of one-third of a cent per share for June 2020, payable on July 23, 2020 to shareholders of record as of July 13, 2020. The company has returned $114 million to shareholders in dividends since July 2010. GORO allows shareholders to convert cash dividends into physical gold and silver. However, dividends may fluctuate or be discontinued based on operational cash flows and market conditions.
Gold Resource Corporation (NYSE American: GORO) announced the acquisition of the 9,334-acre Golden Mile property in Nevada, enhancing its exploration land package by over 51%. This property contains high-grade gold with significant historical drill intercepts, including 10.70 meters of 8.76 g/t gold. The total acquisition cost is US$650,000. This acquisition strengthens GORO's position in the Walker Lane Mineral Belt, as it controls around 27,600 acres of prospective exploration land. Future exploration aims to delineate mineable deposits, with operational synergies anticipated with the nearby Isabella Pearl mine.
Gold Resource Corporation (GORO) has announced a monthly dividend of $0.0033 per share for May 2020, payable on June 23, 2020. This dividend will be available to shareholders on record as of June 11, 2020. Since July 2010, the company has distributed $114 million to shareholders through consecutive monthly dividends. GORO also provides a unique option for shareholders to convert cash dividends into physical gold and silver. However, dividend amounts may vary based on operational cash flows and market conditions.
Gold Resource Corporation (GORO) has received government approval to restart operations at its Oaxaca Mining Unit in Mexico after an eight-week shutdown due to COVID-19. The company is gradually ramping up production, prioritizing safety for workers and the community. Previously suspended operations began on April 1, 2020, and were resumed following the approval of a restart safety protocol on May 25, 2020. The company has returned $114 million to shareholders in dividends since July 2010, allowing them to convert cash dividends into physical gold and silver.
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