Gold Resource (GORO) - 2025 Q4 - Annual Results
Gold Resource Gold Resource (US:GORO)2026-03-18 21:44

Production and Sales Performance - Gold Resource Corporation reported a significant improvement in fourth quarter production, with 45% of the full-year production for 2025 coming from this quarter[3] - The company achieved a record sale of 663,503 ounces of silver and 1,785 ounces of gold, resulting in a total of 10,413 gold equivalent ounces sold in Q4 2025[3] - For the twelve months ending December 31, 2025, the company sold a total of 23,125 gold equivalent ounces[5] - The production profile has shifted to a silver focus, with silver accounting for approximately 80% of total revenue[3] - The total tonnes milled in Q4 2025 was 85,888, showing an increase in operational efficiency[6] Financial Position - The company ended 2025 with a cash balance of $25 million and no debt, reflecting a strong year-end balance sheet[3] - The average sale price for silver was $55 per ounce and for gold was $4,234 per ounce during the fourth quarter[4] Future Outlook - The company expects continued leverage to silver prices in 2026, with 40% of production coming from the new Three Sisters area[4] - Gold Resource Corporation is focused on expanding its operations in Oaxaca, Mexico, and developing the Back Forty Project in Michigan, USA[8] Quality of Production - The average gold grade increased to 0.96 g/t in Q4 2025, while the average silver grade reached 298 g/t[6]

Gold Resource (GORO) - 2025 Q4 - Annual Results - Reportify