Gold Resource (GORO) has released an update.
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Gold Resource Corporation reports preliminary first quarter results, selling 3,557 ounces of gold and 216,535 ounces of silver, leading to 5,965 gold equivalent ounces. The company has been focusing on cost reduction and operational efficiency, with plans to expand resources and reserves through its 2024 drill program. Despite a strong Mexican peso, rising metal prices have positively impacted profitability and indicate a favorable direction for the company.
For further insights into GORO stock, check out TipRanks’ Stock Analysis page.
