NYSE$GORO

Gold Resource Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported consolidated production results with a net loss due to lower revenues and higher non-cash depreciation and amortization.

Gold Resource Corporation reported consolidated production results for Q1 2020 with a net revenue of $28 million and $5 million operating cash flow. The company recorded a net loss of $3.1 million, or $0.05 per share. The Mexican government declared a country-wide health emergency and mandatory non-essential business suspension due to COVID-19, requiring the company to suspend its Mexico operations and withdraw its 2020 production outlook.

  • Strong balance sheet with $18.4 million cash and cash equivalents.
  • Net sales were $28.0 million.
  • Operating cash flow was $5 million.
  • Precious metal quarterly production was on target with 10,142 gold ounces and 407,625 silver ounces produced.

Headline financials

Total Revenue

$28M

Previous: $26.6M+5.4%
EPS (adj)

-$0.05

Previous: $0.01-600.0%
Capital Expenditures

-$6.93M

Previous: -$8.79M+21.1%
Free Cash Flow

-$10.1M

Previous: -$7.9M-27.2%
Net Income

-$3.12M

Previous: $882K-453.9%
Operating Income

-$5.26M

Previous: $1.95M-369.2%
Gross Profit

-$316K

Previous: $5.44M-105.8%
Cash & Equivalents

$18.4M

Previous: $8.53M+115.4%
Total Assets

$196M

Previous: $181M+8.2%

Revenue & EPS history

Gold Resource · Revenue · Quarterly

$28M

Q1 2020+5.4%vs Q1 2019
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Forward guidance

Company withdrew its 2020 production outlook due to the pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.5%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.8%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+19.9%

Q1 2014

Best reaction

-19.5%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-5.7%
Q4 2025-4.3%-8.5%+35.0%
Q3 2025+12.9%+21.0%+21.0%
Q1 2025+0.0%-6.3%+3.2%
Q4 2024+3.3%+15.4%+43.6%
Q3 2024+15.0%+23.1%+38.5%
Q2 2024-10.6%-7.5%-12.5%
Q1 2024-6.9%+0.0%+2.2%
Q4 2023+3.5%+23.5%+58.8%
Q3 2023-18.5%-36.6%-22.0%
Q2 2023-3.8%-4.5%-29.9%
Q1 2023-8.2%-6.1%-20.4%
Q4 2022+1.7%-8.3%+9.4%
Q3 2022-1.9%-3.1%+1.9%
Q2 2022+9.9%+6.2%+13.0%
Q1 2022-2.2%+2.2%+0.0%
Q4 2021-3.0%-4.8%+3.0%
Q3 2021+3.9%+4.4%+9.9%
Q2 2021+1.0%+2.9%-18.5%
Q1 2021-1.5%+1.1%+1.5%
Q4 2020-3.5%-7.3%-7.3%
Q3 2020+8.8%+11.3%+17.9%
Q2 2020+5.3%+2.1%-9.4%
Q1 2020-8.6%-2.9%-4.3%
Q4 2019+15.9%+10.9%-29.4%
Q3 2019+6.3%+14.6%+7.3%
Q2 2019-1.9%-12.7%-4.2%
Q1 2019-6.9%-11.8%-18.4%
Q4 2018-4.3%-11.0%-18.6%
Q3 2018-19.1%-21.9%-29.2%
Q2 2018-19.5%-13.3%-20.6%
Q1 2018+4.9%+6.5%+23.1%
Q4 2017+6.1%+11.7%+7.1%
Q3 2017-0.5%+3.8%+9.0%
Q2 2017-3.1%-16.0%-5.9%
Q1 2017+4.3%+4.3%+9.8%
Q4 2016+0.0%-8.4%-14.1%
Q3 2016+0.2%-10.7%-21.8%
Q2 2016+13.6%+9.3%+0.7%
Q1 2016+0.6%
Q4 2015+5.1%
Q3 2015-6.2%
Q2 2015+12.5%
Q1 2015+2.5%
Q4 2014+0.0%
Q3 2014+14.2%
Q2 2014+3.8%
Q1 2014+19.9%
Q4 2013+4.6%
Q3 2013-3.4%
Q2 2013+5.1%
Q1 2013+0.5%
Q1 2010+1.1%
Q4 2012+1.1%
Q3 2012+8.1%
Q2 2012-1.4%
Q1 2011+1.8%
Q1 2012+4.6%
Q4 2009-1.4%
Q4 2011-1.4%
Q3 2010-6.2%
Q3 2011-6.2%
Q2 2011+15.1%
Q2 2010+15.1%
Q4 2010+15.1%

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