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Stock impact report

Gold Resource Corporation Reports Financial Results for the First Quarter 2024

Gold Resource Corporation (GORO) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its first quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.2024 Q1 Highlights include:Produced and sold 3,557 ounces of gold and 216,535 ounces of silverProduced and sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of leadCash balance of $5.7 million with no debt and working capital of $13.6 million at March 31, 2024“Work during the first quarter, included reparations for the planned closure of the third cell of our tailings storage facility (“TSF”) and solving fluctuations in the water quality returned to the processing plant from the TSF pond. As a result, plant throughput was reduced, and recoveries were lower during the first few weeks of the quarter until solutions were achieved. Work will continue during the second quarter to further improve recoveries.” stated Allen Show less Read more
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