Gold Resource Corporation Reports Q1 2025 Net Loss of $8.3 Million, EPS at $0.07 Amid Lower Production
I'm PortAI, I can summarize articles.
Gold Resource Corporation reported a Q1 2025 net loss of $8.3 million, with an EPS of $0.07, attributed to lower production and decreased net sales. The aging mining fleet and equipment availability issues impacted production at the Don David Gold Mine, which produced 3,394 gold equivalent ounces. The company reported cash costs of $2,494 per AuEq ounce and AISC of $3,252 per AuEq ounce. Despite challenges, Gold Resource has secured additional capital and is pursuing equipment upgrades and contractor negotiations to enhance operations.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments