Gold Resource Corporation Reports Q2 2025 Net Loss of $11.5M, EPS at $0.09 Due to Lower Production and Sales Decline

Reuters
Aug 06, 2025
Gold Resource Corporation Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Loss of $11.5M, EPS at $0.09 Due to Lower Production and Sales Decline

Gold Resource Corporation (NYSE American: GORO) has reported its financial results for the second quarter of 2025. The company experienced a net loss of $11.5 million, primarily due to lower production and a decrease in net sales. Production at the Don David Gold Mine (DDGM) in Mexico was significantly impacted by reduced availability of critical mining equipment and a shortage of alternative ore production headings. The total cash cost after co-product credits for the quarter was $4,017 per AuEq ounce, and the total all-in sustaining cost (AISC) after co-product credits stood at $5,458 per AuEq ounce. Looking ahead, the company has taken steps to address these challenges, including securing additional funding through ATM sales and a loan. This capital will be used to replace the aging equipment fleet and order a third dry stack filter press to improve processing throughput. The company has also engaged a third-party contract miner to assist in operations. Gold Resource Corporation remains focused on returning the mine to a cash-positive position by investing in new areas such as the Three Sisters, which have shown potential for positive cash flow. However, the company acknowledges the need for significant investment in equipment and mine planning to achieve this goal. The company also plans to reduce equipment purchase costs by acquiring used equipment in good condition and utilizing a third-party contractor's equipment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gold Resource Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805618790) on August 05, 2025, and is solely responsible for the information contained therein.

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