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New to Gold Investing News: Gold Resource Corporation (NYSE:GORO), a gold producer with two North American mining units in Mexico and Nevada, with a shareholder dividend program that has paid more than $104,000,000 in monthly dividends since July 2010.
Investment Highlights:
- Growth profile: organic, low cost, high margin production.
- 4.5 consecutive years of profitability.
- Tight share structure: Only 54 million shares outstanding.
- Last capital raise August 2010; Zero long‐term debt, positive retained earnings. Company operating philosophy: one year return on capital; El Aguila Project generated $36 million Mine Gross Profit in first 12 months on starting capital of $34 million.
- Shareholder dividend program has paid more than $104,000,000 in monthly dividends (as of May 2015) since July 2010.
- Cash to physical dividend program: one ounce .999 fine gold and silver GRC Eagles rounds; take delivery or send physical to vault of your choice.
- Focused on mining-friendly jurisdictions in North America.
- High‐grade gold & silver exploration potential on multiple properties covering 685 square km in Oaxaca, Mexico.
- 2015 Exploration Program is currently underway with a focus on the polymetallic epithermal Arista and Switchback vein systems.
- Exploration underway at strategically-located Radar gold property in Nevada.
Learn more about Gold Resource Corporation (NYSE:GORO) on Gold Investing News.