Gold Resource Corporation - GORO STOCK NEWS

Gold Resource Corporation (GORO) reported strong financial performance for Q2 2021, with revenues of $30.8 million and net income of $1.3 million. The company also increased its cash position to $30.5 million by June 30, 2021. The production totaled 9,685 gold equivalent ounces at a cash cost of $713 per ounce. Despite challenges with safety protocols and modest shortfalls in silver and base metal production, the firm remains focused on exploration and sustainable operations. An $11.2 million investment in infrastructure improvements is underway.

Gold Resource Corporation (GORO) reported preliminary production results for Q2 2021, achieving 9,685 gold equivalent ounces sold, including 5,697 gold ounces and 270,321 silver ounces. The production faced challenges due to ground conditions, leading to a change in mine sequencing. Despite these difficulties, the company remains confident in its annual production guidance and cost management. Sales statistics show substantial increases in gold and silver ounces compared to Q2 2020, highlighting ongoing operational growth.

Gold Resource Corporation (GORO) will release its Q2 2021 financial and operating results on July 27, 2021, after market close. The results will be filed with EDGAR, and a conference call is scheduled for July 28, 2021, at 11:00 AM Eastern Time. During the call, executives including President Allen Palmiere and CFO Kim Perry will present insights and conduct a Q&A session. Investors can join via a provided webcast link or through designated telephone numbers. For further information, visit the Company’s website.

Gold Resource Corporation (GORO) has appointed Alberto Reyes as the new Chief Operating Officer, strengthening its senior leadership team. With over 20 years of global mining experience, Reyes is expected to enhance operational performance and safety. Previously, he held senior roles at companies such as Newcrest Mining and Coeur Mining. The company's focus remains on unlocking the potential of its existing infrastructure in Oaxaca, Mexico.

Gold Resource Corporation (NYSE American: GORO) announced a shift from monthly to quarterly dividend payments. The first $0.01 quarterly dividend is scheduled for June 30, 2021, to shareholders on record as of June 15, 2021. This change aims to enhance corporate governance and may affect dividend amounts based on operational cash flows and market conditions. The company, which operates in Oaxaca, Mexico, seeks to maximize its resource potential under new leadership. For comprehensive risk factors, refer to the Company’s 10-K filing.

Gold Resource Corporation (GORO) reported its Q1 2021 financial results, producing 6,097 gold ounces and 307,610 silver ounces, totaling 10,750 gold equivalent ounces. The company achieved a net income of $2.5 million with earnings per share of $0.03 on revenues of $27.3 million. Cash costs were $408 per ounce, while all-in sustaining costs rose to $937 per ounce. The company plans to invest $5.0 million into exploration and maintains a cash balance of $27.2 million. A conference call is scheduled for April 29, 2021.

Gold Resource Corporation (NYSE American: GORO) announces the departure of Chief Operating Officer Rick Irvine, effective May 19, 2021. President and CEO Allen Palmiere expressed gratitude for Irvine's contributions to the company's growth and success. Gold Resource Corporation, based in Denver, focuses on gold and silver production, development, and exploration, particularly in Oaxaca, Mexico. The new leadership aims to enhance the potential of its existing infrastructure and land around the mine. For more details, visit the company's website.

Gold Resource Corporation (NYSE American: GORO) announced preliminary production results for Q1 2021, reporting 5,019 payable ounces of gold and 253,061 ounces of silver from its Oaxaca Mining Unit. Base metals produced included 382 tonnes of copper, 1,176 tonnes of lead, and 3,134 tonnes of zinc. Despite some production delays due to challenging ground conditions, the company remains confident in meeting its annual production guidance. Cash costs and All-in Sustaining Costs per ounce have significantly declined, attributed to a 30% reduction in treatment charges.

Gold Resource Corporation (NYSE American: GORO) announced its participation in the H.C. Wainwright Spring Mining Conference scheduled for April 19-20, 2021. CEO Allen Palmiere will present the company's business overview and engage in one-on-one investor meetings. Interested institutional investors can register for the event via a provided link. The company operates in Oaxaca, Mexico, focusing on optimizing its existing infrastructure and land position. A webcast of the presentation will be available for 90 days post-event.