earnings
confidence high
sentiment negative
materiality 0.60
Gold Resource reports preliminary Q3: AuEq sales 6,532 oz, down 19% YoY
GOLD RESOURCE CORP
2023-Q3 EPS reported
-$0.15
revenue$76,587,000
- Sold 3,982 oz gold, 208,905 oz silver, 2,571 t zinc in Q3; total AuEq 6,532 oz vs 8,042 oz in Q3 2022.
- CEO cited lower metal prices and stronger Mexican peso as headwinds; production on par but average grade decreased.
- Nine-month AuEq sales 24,306 oz, down 22% vs 31,180 oz in prior period.
- Q3 mill throughput 116,626 tonnes; average gold grade 1.52 g/t, silver 73 g/t, zinc 3.24%.