earnings
confidence high
sentiment neutral
materiality 0.50
Gold Resource Q1 2023 AuEq sold 10,055 oz, down 14% YoY; silver sales up
GOLD RESOURCE CORP
2023-Q1 EPS reported
-$0.01
revenue$31,228,000
- Sold 6,508 oz gold (down 22% YoY) and 294,815 oz silver (up 11% YoY) in Q1 2023.
- Total gold equivalent ounces sold 10,055, compared to 11,729 in Q1 2022.
- Average realized gold price $1,915/oz (vs $1,898), silver $23/oz (vs $24).
- CEO cites higher gold grades from targeted infill drilling; new mine leadership team improving efficiencies.
- Back Forty Project feasibility study ongoing with metallurgical testing and capital cost refinement.