earnings
confidence high
sentiment negative
materiality 0.70
Gold Resource Q1 2024 AuEq 5,965 oz, down 41% YoY; production declines
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.
- Tonnes milled fell to 98,889 from 117,781 YoY; gold grade improved to 1.89 g/t.
- Management cites cost reductions, 2024 drill program; higher metals prices offset peso strength.
- Conference call on May 1, 2024 at 12:00 p.m. ET to discuss results.