earnings
confidence high
sentiment negative
materiality 0.65
GORO Q2 net loss $4.6M, EPS -$0.05; gold output 4,637 oz
GOLD RESOURCE CORP
2023-Q2 EPS reported
-$0.06
revenue$56,035,000
- Q2 net loss $4.584M ($0.05 diluted EPS) vs $2.673M income in Q2 2022.
- Produced 4,637 oz gold, 289,816 oz silver; total cash cost after co-product credits $1,333/AuEq oz.
- All-in sustaining cost after co-product credits $1,990/AuEq oz; production costs $20.3M.
- Cash $18M, no debt; maintains 2023 production guidance but warns on peso and zinc headwinds.
- Back Forty optimization near completion; wetlands permit may no longer be needed due to Supreme Court ruling.