10-K · April 29, 2026
Gold Resource Corporation (GORO) demonstrated a strong performance turnaround in 2025, culminating in a 51% year-over-year revenue increase to $51 million in Q4 2025. The company reported positive EPS of $0.14 and…
Earnings analysis · 10-Q
GORO earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Gold Resource Corporation (GORO) showed remarkable improvement in Q1 2026, achieving revenues of $51 million, substantially higher than the $12 million generated in Q1 2025. The company returned to profitability with an…
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Gold Resource Corporation (GORO) showed remarkable improvement in Q1 2026, achieving revenues of $51 million, substantially higher than the $12 million generated in Q1 2025. The company returned to profitability with an EPS of $0.14, marking a significant turnaround from a loss of $0.11 per share in the prior year. Positive cash flow from operations at $14.9 million further underpinned this strong performance.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.14
- Segment
- Gold
- Segment
- Silver
- Segment
- Copper
- Segment
- Lead
- Segment
- Zinc
What stood out
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Revenue Growth of 256%
Reported revenue reached $51 million for Q1 2026, a 256% increase compared to Q1 2025's $12 million.
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Return to Profitability
Net income for the quarter was $4.7 million compared to a loss of $8.3 million in Q1 2025.
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Operating Cash Flow Surge
Operating cash flow surged to $14.9 million, up from a cash outflow of $0.8 million in Q1 2025.
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Metal Production Increases
Gold production rose 126%, with 1,548 ounces sold versus 680 ounces in the same quarter last year.
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High Average Metal Prices
Average realized gold price increased to $5,098 per ounce, up 72% from $2,956 per ounce in Q1 2025.
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Strong Cash Position
Cash and cash equivalents increased by $6 million to $31 million as of March 31, 2026.
What to watch
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Commodity Price Volatility
Fluctuations in metal prices may impact revenues; a significant drop could affect project viability.
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Regulatory Risks
Ongoing legal proceedings may threaten operational permits and concessions, affecting future production.
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Operational Challenges
Potential for unexpected production issues, including weather impacts or mechanical breakdowns, could disrupt mining operations.
Management's outlook
Forward guidance deferred to earnings press release / call.
Earlier filings 4
10-K · March 18, 2026
Gold Resource reports a 2025 operational turnaround driven by higher metal prices and improved production at the Don David Gold Mine (DDGM), producing $99.8 million of revenue and $26.8 million of mine gross profit for…
10-Q · May 12, 2025
Gold Resource reported Q1 2025 revenue of $12,354,000, down from $18,702,000 a year ago, driving a larger net loss of $8,319,000 (−$0.07 per share) vs a restated loss of $5,677,000 (−$0.06) in Q1 2024. Operating cash…
10-Q · November 6, 2024
Gold Resource Corporation reported significant declines in revenue and profitability in Q3 2024, with revenues dropping to $13.3 million compared to $20.6 million in Q3 2023. The net loss increased to $10.5 million,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.