NYSE$GORO
Gold Resource Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Reported net income and revenue for the year ended December 31, 2020.
Gold Resource Corporation reported a net income of $4.4 million and revenue of $90.7 million for the year ended December 31, 2020. The Don David Gold Mine delivered solid production results despite a two-month mandatory government shut-down.
- Net income of $4.4 million reported.
- Revenue of $90.7 million reported.
- Mine gross profit of $12.5 million from continuing operations reported.
- Cash and cash equivalents of $25.4 million reported.
Headline financials
Revenue & EPS history
Gold Resource · Revenue · Quarterly
-$697K
Forward guidance
The Company plans to make significant investments in Oaxaca, Mexico for infrastructure and exploration in 2021, with the majority of exploration work expected to be spent on drilling and exploration drifts at the Aguila project.
Tailwinds
- Metal production is expected to increase slightly over 2020.
- Focus on operational excellence.
- Improved operating margins reflected in a reduced cash cost per ounce after by-product credits.
- Capital Investment of $22.0 million planned.
- Exploration Commitment of $7.2 million planned.
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 Q4 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
| 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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