Gold Resource Corporation
GOROGold Resource Corporation (GORO) is an exploration and production company focused on gold and silver mining in North America. Founded in 1998, it primarily operates in Mexico, where it develops and manages underground mineral resource properties. The company emphasizes sustainable and responsible mining practices and offers its shareholders a unique model of operating income, cash flow, and dividend payments derived directly from its mining activities.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 30, 2022 | $0.01 | 2022-12-14 | 2022-12-15 |
| September 30, 2022 | $0.01 | 2022-09-14 | 2022-09-15 |
| June 30, 2022 | $0.01 | 2022-06-14 | 2022-06-15 |
| March 31, 2022 | $0.01 | 2022-03-14 | 2022-03-15 |
| December 29, 2021 | $0.01 | 2021-12-14 | 2021-12-15 |
Dividends Summary
- Consistent Payer: Gold Resource Corporation has rewarded shareholders with 137 dividend payments over the past 12 years.
- Total Returned Value: Investors who held GORO shares during this period received a total of $2.25 per share in dividend income.
- Latest Payout: The most recent dividend of $0.01/share was paid 1120 days ago, on December 30, 2022.
- Yield & Schedule: GORO currently pays dividends quarterly with an annual yield of 2.34%.
- Dividend Growth: Since 2010, the dividend payout has decreased by 66.7%, from $0.03 to $0.01.
- Dividend Reliability: GORO has maintained or increased its dividend for 35 consecutive payments.
Company News
Gold Resource reported significant operational challenges in Q2 2025, with gold equivalent ounces sold dropping 57% compared to the previous year, resulting in a net loss of $11.5 million and raising substantial doubts about the company's ability to continue operations beyond Q3 2026.
Gold Resource Corporation (GORO) shares declined premarket on Tuesday after the company announced a registered direct offering of up to 15.63 million shares at $0.16 per share, aiming to raise approximately $2.5 million.
The price of gold reached all-time high of over $2,200 per ounce this week, reacting positively to the indications emerging from the latest Federal Open Market Committee (FOMC) meeting in which policymakers reiterated their intentions to cut interest rates three times in the current year. The precious metal already surged by 6% this month, markin...
Precious metals surged once again in response to Fed Chair Jerome Powell‘s recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target. Gold prices, as gauged by the SPDR Gold Trust (NYSE:GLD), soared 0.8% to $...
H.C. Wainwright analyst Heiko F. Ihle reiterated a Buy rating on Gold Resource Corporation (AMEX: GORO), increasing the price target to $3.25 from $3.00. On July 13, Gold Resource announced its 2Q23 production results of 7,689 gold equivalent ounces (GEOs), representing a 33% Y/Y decrease. Management reiterated its 2023 guidance of 30,000 �...
