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Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16.1 Million


Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16.1 Million
ACCESSWIRE
REVENUE STRONG AT $30.8 million
Cash of $30.5 Million at June 30, 2021
IMPLEMENTED PROFIT SHARING WITH OUR EMPLOYEES
FILTRATION PLANT AND DRY STACK EXPECTED TO BE ON BUDGET AND DELIVERED IN Q3 2021
DENVER, CO / ACCESSWIRE / July 27, 2021 / Gold Resource Corporation (NYSE American:GORO) (the
Company ,
Our or
GRC ) earned net income of $1.3 million or earnings of $0.02 per share reflecting the adoption of the new Mexican labor reform, effective June 2021, pursuant to which we onboarded all employees from the outsourced third-party provider to our wholly owned subsidiary, Don David Gold Mexico, resulting in a $1.9 million impact on net income. Revenues were strong at $30.8 million and were greater than both the same period in 2020, which had an interruption in production due to COVID-19 and the same period in 2019, which was a more nor ....

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