GORO Q3 net loss $10.5M; gold equivalent ounces down 46% YoY; going concern doubt

GOLD RESOURCE CORP

2024-Q3 EPS reported -$0.46 vs consensus -$0.05 ▼ miss (-802.0%)

Net loss of $10.5M ($0.11/sh) vs. $7.3M loss in Q3 2023; total sales $13.3M, down 35% YoY.
Produced only 3,526 AuEq oz (1,357 oz gold, 181,434 oz silver) vs. 6,532 AuEq oz a year ago.
Cash cost after credits $3,560/AuEq oz; AISC $5,072/AuEq oz; production cost per tonne milled rose to $205.
Company warns of substantial doubt about going concern; needs ~$7M for equipment/mill upgrades and ~$8M working capital.
Without additional capital, continued operation beyond Nov 2024 may not be possible; infill drilling suspended Aug 1.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.