Denver Gold Group > Member Company Profile > Gold Resource Corporation
Address
2886 Carraige Manor Point
Colorado Springs, CO 80906
United States
Value Drivers
- High-grade low cost operations
- Aggressive production profile
- Extensive exploration potential
- Tight capital structure
- Monthly Dividend
Management
| Chairman: | William Reid / CEO |
| CEO/President/MD: | Jason Reid / President |
| CFO: | Paul Oberman / CFO |
| Other Key Staff: | David Reid / VP Exploration Juan Manuel Flores / Project & Country Manager |
IR Contact
Greg Patterson
3033207708
gregpatterson@goldresourcecorp.com
www.goldresourcecorp.com
Cautionary Information
© Copyright 2012, Denver Gold Group & Gold Resource Corporation.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Gold Resource Corporation
New York Stock Exchange : GORO
Last Updated: April 5, 2012
| Status: | Producer |
| Primary Mineral: | Gold |
| Secondary Mineral: | Silver |
| Primary Country of Operation: | Mexico |
Gold Resource Corporation is a mining company focused on production and pursuing development of select, high-grade gold and silver projects that feature low operation costs and produce high returns on capital. The Company has 100% interest in six high-grade gold and silver properties in Mexico's southern state of Oaxaca.
The Company's flagship property, its El Aguila Project, commenced commercial production July 1, 2010. The Company began processing ore from its longevity of operations, its Arista Underground Polymetallic Deposit, in March 2011.
The Company is focused on cash flow and dividends and has returned over ~$41 million back to its shareholders since July 2010.
Annual Production
Gold, koz per year
GEOs: Yes
Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: Other, GEOs: Yes
All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.
Top Shareholders
- Hochschild Mining plc
- Management
- Tocqueville Gold Fund
- Allianz NFJ
- BlackRock Global
Capital Structure
| Common Shares Outstanding: | 52,902,620 |
| Float (%): | 60 |
| Warrants Outstanding: | 0 |
| Options Outstanding: | 5,182,000 |
| Fully Diluted Shares: | 58,084,620 |
Stock as of April 24, 2012
| Local: USD | USD | |
|---|---|---|
| Stock Price: | 26.90 | 26.90 |
| 52-Week Range: | 15.0600 - 31.1729 | 15.0600 - 31.1729 |
| Market Cap: | 1,423 MM | 1,423 MM |
| Fully Diluted Market Cap: | 1,562 MM | 1,562 MM |
| 1-Year Return: | -7.19% |