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Overview
Gold Resource Corporation (NYSE:GORO) is a gold and silver producer, targeting projects that feature low operating costs and high returns on capital to generate meaningful dividends for its shareholders. The Company has two North American mining units in Mexico and Nevada, focused on driving revenue from gold and silver production as well as significant revenue from zinc, lead and copper.
The Company had its seventh consecutive year of profitability in 2017, reporting $4 million in net income. Gold Resource holds a 100 percent interest in a large property position consisting of six properties in Oaxaca, Mexico, including the gold producing Arista and Mirador Mines.
Company Highlights
- Growth profile: organic, low cost, high margin production
- 7 consecutive years of profitability