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Gold Resource Corporation is a producer of metal concentrates that contain gold, silver, copper, lead and zinc, and doré containing gold and silver at the Aguila Project in the southern state of Oaxaca, Mexico. The Aguila Project includes the Aguila open pit mine and the Arista underground mine. The Company also performs exploration and evaluation work on its portfolio of precious and base metal exploration properties in Oaxaca and Nevada, United States of America and continues to evaluate other properties for possible acquisition.

TypePublic
Founded1998
HQColorado Springs, US
Websitegoldresourcecorp.com

Latest Updates

Employees (est.) (Dec 2019)64(+37%)
Revenue (FY, 2019)$135.4 M(+18%)
Share Price (May 2020)$3.8 (-4%)

Key People/Management at Gold Resource

Jason Reid

Jason Reid

CEO, President & Director
Rick Irvine

Rick Irvine

Chief Operating Officer
John Labate

John Labate

Chief Financial Officer
Barry Devlin

Barry Devlin

Vice President of Exploration
Greg Patterson

Greg Patterson

Vice President Corporate Development
Jessica Browne

Jessica Browne

Vice President Legal Affairs, General Counsel and Corporate Secretary
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Gold Resource Office Locations

Gold Resource has an office in Colorado Springs
Colorado Springs, US (HQ)
2886 Carriage Manor Point
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Gold Resource Financials and Metrics

Gold Resource Revenue

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Gold Resource's revenue was reported to be $135.37 m in FY, 2019
USD

Revenue (Q1, 2020)

28.0m

Gross profit (Q1, 2020)

(316.0k)

Gross profit margin (Q1, 2020), %

(1.1%)

Net income (Q1, 2020)

(3.1m)

EBIT (Q1, 2020)

(5.3m)

Market capitalization (26-May-2020)

268.9m

Closing stock price (26-May-2020)

3.8

Cash (31-Mar-2020)

18.4m

EV

257.6m
Gold Resource's current market capitalization is $268.9 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

105.2m131.8m125.8m115.4m92.7m83.2m110.2m115.3m135.4m

Revenue growth, %

(8%)(20%)(10%)

Cost of goods sold

18.0m44.0m65.0m64.5m62.4m60.8m68.0m81.6m106.3m

Gross profit

87.2m87.8m60.8m50.9m30.3m22.4m42.1m33.7m29.1m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

52.0m35.8m15.0m27.5m12.8m14.2m22.4m7.8m11.1m

Accounts Receivable

14.3m6.3m2.3m1.4m321.0k630.0k2.9m1.7m8.4m

Prepaid Expenses

951.0k973.0k6.0m2.9m2.6m1.8m2.5m2.0m

Inventories

4.2m7.5m7.5m7.3m8.8m8.9m11.6m14.3m24.1m
USDY, 2020

EV/EBIT

-49 x

EV/CFO

51.8 x

Financial Leverage

1.2 x
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Gold Resource Online and Social Media Presence

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Gold Resource News and Updates

Gold Resource Corporation Granted Government Approval to Restart Oaxaca Mining Unit

COLORADO SPRINGS, May 27, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced it has received written government approval to restart its Oaxaca Mining Unit (OMU) operations in Mexico. After nearly eight weeks of government ma…

Gold Resource Corporation Announces Change to Virtual Webcast for 2020 Annual Meeting of Shareholders

Colorado Springs, CO - (NewMediaWire) - March 16, 2020 - Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today a change of its 2020 annual meeting of shareholders to a virtual webcast.  The annual shareholder meeting will be still be held at 8:00 a.m. Mountain Time on …

Gold Resource Corporation Announces 2020 Annual Meeting of Shareholders

Colorado Springs, CO - (NewMediaWire) - February 07, 2020 - Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Thursday, May 21, 2020 at Embassy Suites located at 10250 East Costilla…

Gold Resource Corporation Drills High-grade Gold Including 24.38 Meters Grading 1.03 G/T At Scarlet Target Adjacent To Isabella Pearl Mine

Colorado Springs, CO - (NewMediaWire) - January 29, 2020 - Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced multiple ore grade intercepts from its maiden drill program at the “Scarlet” target located 400 meters north west of its operating Isabella Pearl mine in Mi…

Gold Resource Corporation Achieves Record 2019 Annual Gold Production, Up 50% Year-Over-Year

Colorado Springs, CO - (NewMediaWire) - January 22, 2020 - Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced preliminary 2019 consolidated year-end and fourth quarter production results.  The Company produced a record 40,318 gold ounces and produced 1,732,604 silve…

Gold Resource Corporation Expands Mirador Mine With Intercepts Including 3.72 Meters Grading 1.44 g/t Gold and 990 g/t Silver

COLORADO SPRINGS, Dec. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the expansion of its Mirador Mine with fifteen (15) exploration drill hole results from its 2019 Alta Gracia projects drill program located at its…
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Gold Resource Frequently Asked Questions

  • When was Gold Resource founded?

    Gold Resource was founded in 1998.

  • Who are Gold Resource key executives?

    Gold Resource's key executives are Jason Reid, Rick Irvine and John Labate.

  • How many employees does Gold Resource have?

    Gold Resource has 64 employees.

  • What is Gold Resource revenue?

    Latest Gold Resource annual revenue is $135.4 m.

  • What is Gold Resource revenue per employee?

    Latest Gold Resource revenue per employee is $2.1 m.

  • Who are Gold Resource competitors?

    Competitors of Gold Resource include Yamana Gold, Bezant Resources and DRDGOLD.

  • Where is Gold Resource headquarters?

    Gold Resource headquarters is located at 2886 Carriage Manor Point, Colorado Springs.

  • Where are Gold Resource offices?

    Gold Resource has an office in Colorado Springs.

  • How many offices does Gold Resource have?

    Gold Resource has 1 office.