earnings
confidence high
sentiment negative
materiality 0.65
Gold Resource Q1 2024 preliminary AuEq sales 5,965 oz, down 41% YoY
GOLD RESOURCE CORP
2024-Q1 EPS reported
-$0.05
revenue$18,702,000
- Sold 3,557 oz gold, 216,535 oz silver; total AuEq 5,965 oz vs 10,055 oz in Q1 2023.
- Average gold price realized $2,094/oz, up from $1,915/oz YoY; silver unchanged at $23/oz.
- Arista mine milled 98,889 tonnes (vs 116,721); gold grade 1.89 g/t (vs 2.33 g/t).
- CEO cites cost reduction efforts, 2024 drill program, and stronger Mexican peso as headwinds.
- Conference call scheduled for May 1, 2024 at 12:00 p.m. ET.