Gold Resource Corp reports Q1 net loss of $1M, maintains $21.4M cash; sells 10,055 gold equivalent ounces

GOLD RESOURCE CORP

2023-Q1 EPS reported -$0.01 revenue$31,228,000

Q1 2023 net loss of $1M ($0.01 per share) vs. net income of $4M in Q1 2022.
Revenue $31.2M; sold 10,055 gold equivalent ounces at total cash cost $711/oz and all-in sustaining cost $1,221/oz.
Cash balance $21.4M, working capital $24.1M; invested $5M in Don David Mine and Back Forty Project.
New leadership team at Don David Gold Mine; completed more than 2,500 meters of expansion drilling.
Annual shareholder meeting set for June 15, 2023; proxy statement to be filed April 28.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

GOLD RESOURCE CORP reported the first quarter of 2023 results: revenue $31.2 million, net income net loss of $1 million, EPS $0.01 Per Share.

Period: the first quarter of 2023
Revenue: $31.2 million
Net income: net loss of $1 million
EPS: $0.01 Per Share
Result: reported results

Exact text from the filing

sold 3,060 tonnes of zinc, 332 tonnes of copper, and 1,417 tonnes of lead. For the quarter ended March 31, 2023, the company reported a net loss of $1 million with revenue of $31.2 million and mine gross profit of $3.9 million from operations. A total of $5 million was invested in the Don David Gold Mine and Back Forty Project . “Our 2023 annual production at the

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Source: SEC EDGAR

accession 0001558370-23-006686

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