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GOLD RESOURCE CORP

goldresourcecorp.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2026 10-Q, filed May 8, 2026. Its latest SEC filing is a SCHEDULE 13G/A from Oct 27, 2026.

The sections below describe the company as of the FY2025 annual report.

What Did They Do?

Produces metal concentrates and gold-and-silver doré for metal buyers, and develops the Back Forty polymetallic mining project in Michigan.

How Did They Make Money?

It sells doré when delivery occurs and price and quantity are agreed; metal-bearing material is priced provisionally on delivery, then adjusted for metal-price changes until final pricing, normally within three months.

revenue
SegmentShareRevenue
Dore
Sold outright
1.3%
FY2022: 5.9%
Concentrate
Sold outright

92%
FY2022: 94%

Who Were Their Customers?

Customers buy doré and metal-bearing products under sales contracts.

Did Revenues Turn Into Profits?

Not on paper. It lost $6.5M in FY2025, but brought in more cash than it spent: $644K of free cash flow.

Operating income, FY2025
−3% of revenue
▼ −94% (Loss) vs FY2024 (−$47.2M, −72%)
Net income, FY2025
−6% of revenue
▼ −89% (Loss) vs FY2024 (−$56.5M, −86%)
Free cash flow, FY2025
1% of revenue
▲ Now profitable vs FY2024 (−$8.2M, −13%)

How Were They Changing?

Since the FY2025 annual report
Latest quarter: Q1 FY2026, the three months to Mar 31, 2026
Revenue
▲ +256%
vs $12.4M in Q1 FY2025
Net income
▲ Now profitable
vs −$8.3M in Q1 FY2025
Concentrate share of revenue vs 100.0% in Q1 FY2025
  • Jul 20, 2026 Goldgroup completed its acquisition of Gold Resource Gold Resource became a wholly owned Goldgroup subsidiary and requested withdrawal of its NYSE American listing.

Shrank. Revenue fell 20% in 4 years, from $125.2M in FY2021 to $99.8M in FY2025, about 6% a year.

Revenue over time
Dore Concentrate Lead Concentrate Gold Concentrate Silver Concentrate Zinc Concentrate Copper Concentrate
$200M$100M$0

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