Gold Resource (US:GORO)2025-11-05 00:35Production and Sales - In Q3 2025, Gold Resource Corporation produced and sold a total of 6,298 gold equivalent ounces, consisting of 1,422 gold ounces and 417,710 silver ounces, with average sales prices of $3,546 per gold ounce and $41.39 per silver ounce[6]. - The average grade of gold produced in Q3 2025 was 1.11 g/t, while silver grades increased to 250 g/t[13]. Financial Performance - The company reported a net loss of $4.7 million, or $0.03 per share, primarily due to lower production and sales volumes[11]. - Year-to-date net losses reached $24.5 million, raising concerns about the company's ability to continue as a going concern[10]. - The total cash cost after co-product credits for the quarter was $2,116 per gold equivalent ounce, while the all-in sustaining cost was $2,983 per gold equivalent ounce[11]. Capital and Investments - As of September 30, 2025, the company had $12.8 million in working capital and $9.8 million in cash and cash equivalents[6]. - The company raised $11.4 million through a registered direct offering in September 2025, selling 25,315,954 shares at $0.45 per share[9]. - Sustaining investments for the nine months ended September 30, 2025, totaled $6.063 million, while growth investments amounted to $8.795 million[12]. Operational Strategy - The company is focusing on improving cash flow and has engaged a third-party contract miner to address equipment availability issues[7]. - The company anticipates positive operating income for the remaining months of 2025 based on improvements in the Three Sisters area and other zones[8].