Gold Resource Corporation (A:GORO)

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEC
Company Contact
Address: 7900 E. Union Avenue, Suite 320
DENVER CO 80237
Tel: N/A
Website: https://goldresourcecorp.com
IR: See website
<
Key People
Allen Palmiere
President, Chief Executive Officer, Director
Chet Holyoak
Interim Chief Financial Officer
Alberto Reyes
Chief Operating Officer
Business Overview
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. The Company is focused on its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico, and to develop the Back Forty Project in Michigan, United States. Its Back Forty Project has a polymetallic (gold, silver, copper, lead, and zinc) Volcanogenic Massive Sulfide deposit. At its Don David Gold Mine, it has 100% interest in six properties, including two production stage properties and four exploration stage properties, located in Oaxaca, Mexico, along the San Jose structural corridor. Its properties span 55 continuous kilometers of this structural corridor. Its two production stage properties include Arista and Alta Gracia Mines. Its four exploration properties include Margaritas Property, Chamizo Property, Fuego Property and Rey Property. The Fuego property consists of approximately 2,554 hectares.
Financial Overview
For the fiscal year ended 31 December 2023, Gold Resource Corporation revenues decreased 30% to $97.7M. Net loss increased from $6.3M to $16M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Unrealized loss on zin zero cost collar decrease from $1.8M (income) to $0K, Severance increase from $688K to $1.6M (expense).
Employees: 488 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $34.95M as of Mar 31, 2024
Annual revenue (TTM): $97.73M as of Mar 31, 2024
EBITDA (TTM): $7.86M as of Mar 31, 2024
Net annual income (TTM): -$16.02M as of Mar 31, 2024
Free cash flow (TTM): -$17.71M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 88,757,610 as of Mar 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.