secwatch.observer — SEC 8-K summary
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Issuer:     GOLD RESOURCE CORP (GORO)
CIK:        0001160791
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001558370-24-003122
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gold Resource posts FY 2023 net loss of $16.0M; suspends dividend, initiates strategic review
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- Net loss of $16.0M on revenue $97.7M; produced 18,534 oz gold and 1,036,229 oz silver.
- Cash cost after co-product credits $1,250/AuEq oz; all-in sustaining cost $1,630/AuEq.
- Cash balance $6.3M, no debt; working capital $15.2M, down 29% YoY.
- Suspended quarterly dividends in Feb 2023; Board initiated formal strategic review in Nov 2023 for potential sale or merger.
- 2024 guidance: 13,000-15,000 gold oz, 1.25-1.4M silver oz; cash cost $1,100-$1,300/AuEq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1160791/000155837024003122/0001558370-24-003122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1160791/000155837024003122/goro-20240313x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-003122

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