other material
confidence high
sentiment negative
materiality 0.55
Gold Resource pays 2023 executive bonuses in RSUs at 59.1% of target to conserve cash
GOLD RESOURCE CORP
- 2023 STIP paid at 59.1% of target; CEO Palmiere gets 313,165 RSUs ($175,591 value).
- CFO Holyoak gets 101,225 RSUs ($56,757); COO Reyes gets 143,824 RSUs ($80,642).
- Cash conservation cited for RSU issuance instead of cash; RSUs vest in three annual installments.
- Net loss for FY2023 was $16.017M; TSR per $100 investment is $25.