NYSE$GORO

Gold Resource Corp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Improved year-over-year financial results and maintained a strong balance sheet.

Gold Resource Corporation reported improved year-over-year financial results for Q2 2022, with a cash balance of over $33.3 million after investing over $15 million in capital and exploration. The company also reported operating cash flow of $12.2 million and EBITDA of $29.0 million. Production remains solid at the Don David Gold Mine in Mexico.

  • Cash balance of over $33.3 million after over $15 million invested in capital and exploration
  • Operating cash flow of $12.2 million and EBITDA of $29.0 million
  • Production remains solid at the Don David Gold Mine in Mexico
  • Reiterated 2022 production and cost guidance

Headline financials

Total Revenue

$37.1M

Previous: $30.8M+20.2%
EPS (adj)

$0.03

Previous: $0.02+50.0%
Capital Expenditures

-$10.5M

Previous: -$9.33M-12.7%
Free Cash Flow

-$7.85M

Previous: -$8.05M+2.5%
Net Income

$2.67M

Previous: $1.28M+108.3%
Operating Income

$6.45M

Previous: $3.03M+112.7%
Gross Profit

$8.02M

Previous: $6.88M+16.6%
Cash & Equivalents

$33.3M

Previous: $30.5M+9.2%
Total Assets

$214M

Previous: $115M+86.4%
Stock-Based Comp

$393K

Previous: $197K+99.5%

Revenue & EPS history

Gold Resource · Revenue · Quarterly

$37.1M

Q2 2022+20.2%vs Q2 2021
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

The company reiterated its 2022 production and cost guidance and is focused on favorably impacting environment, social and governance programs while creating operational efficiencies and longevity.

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 Q2 2022

Historical avgQ2 2022

+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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