Earnings release
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News October 27 , 2021 Gold Resource Corporation Reports Robust Financial Results For Q3 and First Nine Months of 2021 DENVER , CO / ACCESSWIRE / October 27 , 2021 / Gold Resource Corporation ( NYSE American : GORO ) ( the " Company " , " We " , " Our " or " GRC " ) earned net income of $ 1.5 million or earnings of $ 0.02 per share reflecting the significantly higher gold grades mined and processed during the quarter , offset by fewer tonnes processed due to the temporary shutdown of operations due to COVID - 19 . Revenues were strong at $ 29.0 million . Cash flow from operating activities was $ 5.7 million in the third quarter of 2021 bringing our cash balance at September 30 , 2021 to $ 29.5 million , an increase of $ 4.1 million for the first nine months of 2021. The Don David Gold Mine produced and sold a total of 9,170 gold equivalent ounces , comprising 5,809 gold ounces and 255,394 silver ounces sold at an average price per ounce of $ 1,762 and $ 23 , respectively . Total cash cost was $ 466 per ounce of gold equivalent ( after co- product credits ) and all - in sustaining cost was $ 1,031 per ounce of gold equivalent ( after co - product credits ) for the third quarter 2021 .