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ELKMF - Gold Road Resources: Digging Into The Q2 Results
Gold Resources Ltd Ord
The Q2 earnings season for the Gold Miners Index (GDX) has finally begun, and Gold Road Resources (ELKMF) is one of the first names to report its quarterly results. Despite a challenging operating environment for the sector due to COVID-19-related challenges, Gold Road had a blow-out quarter with record gold production at its 50% owned Gruyere Mine, with the balance sheet almost improving considerably. Given the solid operating results in Q2, the small-cap miner remains on track to meet its FY2020 guidance and should finish the year with over A$150 million in net