NYSE$GORO
Gold Resource Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported third quarter operational results and announced the initiation of a review to evaluate strategic alternatives.
Gold Resource Corporation reported its Q3 2023 operational results, which aligned with the 2023 mine plan and guidance. However, financial results were lower than planned due to factors such as a strengthening Mexican Peso, increased power costs, and lower metal prices. The company initiated a review of strategic alternatives to maximize shareholder value.
- Total cash cost after co-product credits for the quarter was $1,839 per gold equivalent ounce.
- Exploration drilling program at DDGM continues to yield encouraging drill results.
- Completed Back Forty Optimization Study that indicates after-Tax: a $214 million NPV6% with a 25.7% IRR and a 2.5 year payback
- Initiated a formal review process to evaluate strategic alternatives for the Company.
Headline financials
Revenue & EPS history
Gold Resource · Revenue · Quarterly
$20.6M
Forward guidance
The company is reviewing strategic alternative to maximize shareholder value.
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 Q3 2023
+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
| Quarter | Report date | Reaction (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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