Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16.1 Million
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REVENUE STRONG AT $30.8 million
Cash of $30.5 Million at June 30, 2021
IMPLEMENTED PROFIT SHARING WITH OUR EMPLOYEES
FILTRATION PLANT AND DRY STACK EXPECTED TO BE ON BUDGET AND DELIVERED IN Q3 2021
DENVER, CO / ACCESSWIRE / July 27, 2021 / Gold Resource Corporation (NYSE American:GORO) (the Company , Our or GRC ) earned net income of $1.3 million or earnings of $0.02 per share reflecting the adoption of the new Mexican labor reform, effective June 2021, pursuant to which we onboarded all employees from the outsourced third-party provider to our wholly owned subsidiary, Don David Gold Mexico, resulting in a $1.9 million impact on net income. Revenues were strong at $30.8 million and were greater than both the same period in 2020, which had an interruption in production due to COVID-19 and the same period in 2019, which was a more normal year of mining. Cash flow
Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16 1 Million finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Gold Resource Corporation Reports First Quarter 2021 Net Income of $2.5 Million or $0.03 per Share on Revenue of $27.3 Million
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DENVER, CO / ACCESSWIRE / April 28, 2021 / Gold Resource Corporation (NYSE American:GORO) (the
Company ,
Our or
GRC ) produced 6,097 gold ounces and 307,610 silver ounces or a total of 10,750 gold equivalent ounces at a cash cost of $408 per ounce, of which 5,019 gold ounces and 253,061 silver ounces were payable ounces sold or a total of 8,810 gold equivalent ounces. For the three months ended March 31, 2021, we reported net income of $2.5 million and earnings per share of $0.03 on revenues of $27.3 million.
Allen Palmiere, President and CEO, said Our operations team continues to demonstrate their ability to be nimble and disciplined operators all while focusing on excellent environmental, social and governance practices. For the seventh consecutive year, the Don David Gold Mine earned the prestigious Empresa Socialmente Responsable
Gold Resource Corporation Reports First Quarter 2021 Net Income of $2.5 Million or $0.03 per Share on Revenue of $27.3 Million
Company ,
Our or
GRC ) produced 6,097 gold ounces and 307,610 silver ounces or a total of 10,750 gold equivalent ounces at a cash cost of $408 per ounce, of which 5,019 gold ounces and 253,061 silver ounces were payable ounces sold or a total of 8,810 gold equivalent ounces. For the three months ended March 31, 2021, we reported net income of $2.5 million and earnings per share of $0.03 on revenues of $27.3 million.
Allen Palmiere, President and CEO, said Our operations team continues to demonstrate their ability to be nimble and disciplined operators all while focusing on excellent environmental, social and governance practices. For the seventh consecutive year, the Don David Gold Mine earned the prestigious Empresa Socialmente Responsable award from the Mexican Center for Philanthropy. Gold production in the first quarter was as expected while sil
Gold Resource Corporation Reports First Quarter 2021 Net Income of $2 5 Million or $0 03 per Share on Revenue of $27 3 Million newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.