other material
confidence high
sentiment negative
materiality 0.70
Gold Resource issues 2023 guidance with lower production; suspends dividend
GOLD RESOURCE CORP
- Payable production guided at 17,000-19,000 gold oz and 900,000-1,000,000 silver oz.
- Cash costs per AuEq oz $1,000-$1,050; AISC consolidated $1,650-$1,750.
- Suspension of dividend program due to 2022 cash flow impact from lower ore grades.
- Capital investment $6-7M; exploration commitment $3-4M; G&A $8.5-9.5M.