Gold Resource (US:GORO)2025-11-04 23:22Production and Sales - In Q3 2025, the Company 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 and $41.39 per ounce, respectively[12]. - The Company faced significant challenges with equipment availability and mechanical issues, impacting production levels[11]. - The Company is in the process of developing access to new areas for potential production, particularly in the Three Sisters area[14]. Financial Performance - The Company reported a net loss of $4.7 million, or $0.03 per share, primarily due to lower tonnes produced and fewer ounces sold[12]. - Year-to-date net losses totaled $24.5 million, raising concerns about the Company's ability to continue as a going concern[16]. - Total cash cost after co-product credits for the quarter was $2,116 per AuEq ounce, while total all-in sustaining cost (AISC) was $2,983 per AuEq ounce[12]. Capital and Funding - As of September 30, 2025, the Company had $12.8 million in working capital and $9.8 million in cash and cash equivalents[12]. - The Company closed a $11.4 million registered direct offering on September 8, 2025, selling 25,315,954 shares at $0.45 per share[15]. - The Company raised approximately $8.6 million through its At-The-Market Offering (ATM) Program during the nine months ended September 30, 2025[15]. Future Outlook - The Company expects positive operating income for the remaining months of 2025 based on improvements in production and cash flow[14].