Gold Resource Corporation

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Market Cap:
$328.46 m
5.00 USD
52 weeks high
52 weeks low

In brief

Gold Resource Corporation (NYSE American: GORO) is a gold and silver producer targeting projects that feature low operating costs and high returns on capital. The Company's primary focus is on cash flow, with a priority to return meaningful dividends back to the owners of the Company, its shareholders. The Company has two mining units located in mining friendly jurisdictions of North America. The "Oaxaca Mining Unit" consists of 100% interest in 6 potential high-grade gold and silver properties in the southern state of Oaxaca, Mexico. The "Nevada Mining Unit" consists of 100% interest in three, with an option to acquire 100% interest in a fourth, potential high-grade gold properties in the Walker Lane Mineral Belt in western Nevada, U.S.A.

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The firm has returned US$112 million to shareholders in monthly dividends since commercial production kicked off in 2010