GORO - Gold Resource GAAP EPS of -$0.01 revenue of $31.23M beats by $14.07M
2023-04-25 17:41:26 ET
- Gold Resource press release ( NYSE: GORO ): Q1 GAAP EPS of -$0.01.
- Revenue of $31.23M (-31.2% Y/Y) beats by $14.07M .
- The Co. sold a total of 6,508 ounces of gold and 294,815 ounces of silver in the first quarter of 2023 for a total of 10,055 gold equivalent ounces.
- Additionally, during the quarter, the Company sold 3,060 tonnes of zinc, 332 tonnes of copper, and 1,417 tonnes of lead.
- Working capital was $24.1 million as of March 31, 2023, $2.7 million higher than as of December 31, 2022. The increase is primarily due to a decrease in royalty taxes payable.
- Total cash cost for the quarter was $711 per gold equivalent (“AuEq”) ounce (after co-product credits) and total all-in sustaining cost for the quarter was $1,221 per AuEq ounce (after co-product credits).
- Shares +5.38% AH.
For further details see:
Gold Resource GAAP EPS of -$0.01, revenue of $31.23M beats by $14.07M