$GORO
GOLD RESOURCE CORP

2023 Q3 Form 10-Q Financial Statement

#000155837023012306 Filed on July 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $20.55M $24.81M $37.06M
YoY Change -13.9% -33.07% 20.2%
Cost Of Revenue $24.96M $26.98M $29.05M
YoY Change -4.16% -7.12% 21.24%
Gross Profit -$4.411M -$2.169M $8.019M
YoY Change 102.53% -127.05% 16.56%
Gross Profit Margin -21.46% -8.74% 21.64%
Selling, General & Admin $1.662M $2.137M $2.313M
YoY Change -26.1% -7.61% -0.77%
% of Gross Profit 28.84%
Research & Development $1.540M $1.045M $2.837M
YoY Change 34.73% -63.17% 337.81%
% of Gross Profit 35.38%
Depreciation & Amortization $5.814M $6.496M $7.291M
YoY Change -12.47% -10.9% 65.03%
% of Gross Profit 90.92%
Operating Expenses $3.622M $3.577M $5.150M
YoY Change 6.78% -30.54% 72.88%
Operating Profit -$10.00M -$5.746M $6.454M
YoY Change 0.53% -189.03% 112.72%
Interest Expense -$255.0K -$25.00K -$115.0K
YoY Change -60.95% -78.26% -25.32%
% of Operating Profit -1.78%
Other Income/Expense, Net -$1.967M -$407.0K -$214.0K
YoY Change 157.12% 90.19% -75.32%
Pretax Income -$10.00M -$6.457M $6.454M
YoY Change 0.53% -200.05% 112.72%
Income Tax -$2.659M -$1.873M $3.781M
% Of Pretax Income 58.58%
Net Earnings -$7.341M -$4.584M $2.673M
YoY Change -24.55% -271.49% 108.34%
Net Earnings / Revenue -35.72% -18.48% 7.21%
Basic Earnings Per Share -$0.08 -$0.05 $0.03
Diluted Earnings Per Share -$0.08 -$0.05 $0.03
COMMON SHARES
Basic Shares Outstanding 88.47M 88.47M 88.34M
Diluted Shares Outstanding 88.50M 88.47M 88.79M

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.706M $17.96M $33.34M
YoY Change -70.24% -46.13% 9.17%
Cash & Equivalents $6.706M $17.96M $33.34M
Short-Term Investments
Other Short-Term Assets $1.089M $3.963M $429.0K
YoY Change -23.26% 823.78% 56.57%
Inventory $10.44M $10.87M $12.51M
Prepaid Expenses
Receivables $4.714M $4.355M $6.277M
Other Receivables $3.693M $2.813M $0.00
Total Short-Term Assets $28.90M $39.96M $60.43M
YoY Change -40.2% -33.87% 21.57%
LONG-TERM ASSETS
Property, Plant & Equipment $144.2M $145.6M $152.8M
YoY Change -3.38% -4.67% 139.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.009M $5.465M $403.0K
YoY Change 153.36% 1256.08% 795.56%
Total Long-Term Assets $160.8M $151.1M $153.2M
YoY Change 6.34% -1.35% 136.01%
TOTAL ASSETS
Total Short-Term Assets $28.90M $39.96M $60.43M
Total Long-Term Assets $160.8M $151.1M $153.2M
Total Assets $189.7M $191.1M $213.6M
YoY Change -4.93% -10.55% 86.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.24M $13.11M $11.74M
YoY Change -9.12% 11.68% 23.22%
Accrued Expenses $1.637M $2.608M $5.589M
YoY Change -63.43% -53.34% 63.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.10M $19.12M $23.37M
YoY Change -22.42% -18.22% 36.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.618M $1.835M $1.936M
YoY Change -24.14% -5.22% 83.51%
Total Long-Term Liabilities $75.08M $1.835M $64.23M
YoY Change 16.53% -97.14% 5988.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.10M $19.12M $23.37M
Total Long-Term Liabilities $75.08M $1.835M $64.23M
Total Liabilities $90.18M $84.37M $87.60M
YoY Change 7.49% -3.69% 310.4%
SHAREHOLDERS EQUITY
Retained Earnings -$5.254M $2.087M $22.49M
YoY Change -144.25% -90.72% 50.18%
Common Stock $89.00K $89.00K $89.00K
YoY Change 0.0% 0.0% 18.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.884M $5.884M $5.884M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $336.4K $336.4K $336.4K
Shareholders Equity $99.51M $106.7M $126.0M
YoY Change
Total Liabilities & Shareholders Equity $189.7M $191.1M $213.6M
YoY Change -4.93% -10.55% 86.38%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$7.341M -$4.584M $2.673M
YoY Change -24.55% -271.49% 108.34%
Depreciation, Depletion And Amortization $5.814M $6.496M $7.291M
YoY Change -12.47% -10.9% 65.03%
Cash From Operating Activities -$7.475M -$551.0K $7.976M
YoY Change 74.16% -106.91% -14.22%
INVESTING ACTIVITIES
Capital Expenditures $3.750M $2.865M -$4.569M
YoY Change -204.02% -162.71% -8.86%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$3.750M -$2.865M -$4.569M
YoY Change -29.88% -37.29% -8.91%
FINANCING ACTIVITIES
Cash Dividend Paid $900.0K
YoY Change -10.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 49.00K 0.000 -1.014M
YoY Change -105.54% -100.0% 13.68%
NET CHANGE
Cash From Operating Activities -7.475M -551.0K 7.976M
Cash From Investing Activities -3.750M -2.865M -4.569M
Cash From Financing Activities 49.00K 0.000 -1.014M
Net Change In Cash -11.18M -3.416M 2.393M
YoY Change 6.2% -242.75% -29.41%
FREE CASH FLOW
Cash From Operating Activities -$7.475M -$551.0K $7.976M
Capital Expenditures $3.750M $2.865M -$4.569M
Free Cash Flow -$11.23M -$3.416M $12.55M
YoY Change 1533.92% -127.23% -12.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
dei Entity Central Index Key
EntityCentralIndexKey
0001160791
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.02
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.01
goro Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-34857
dei Entity Registrant Name
EntityRegistrantName
Gold Resource Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
CO
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-1473173
dei Entity Address Address Line1
EntityAddressAddressLine1
7900 E. Union Ave
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 320
dei Entity Address City Or Town
EntityAddressCityOrTown
Denver,
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80237
dei City Area Code
CityAreaCode
303
dei Local Phone Number
LocalPhoneNumber
320-7708
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
GORO
dei Security Exchange Name
SecurityExchangeName
NYSEAMER
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
88468542
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17957000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23675000
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4355000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5085000
CY2023Q2 us-gaap Inventory Net
InventoryNet
10874000
CY2022Q4 us-gaap Inventory Net
InventoryNet
13500000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6776000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3839000
CY2023Q2 us-gaap Assets Current
AssetsCurrent
39962000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
46099000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
145645000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152563000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5465000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5509000
CY2023Q2 us-gaap Assets
Assets
191072000
CY2022Q4 us-gaap Assets
Assets
204171000
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
13114000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13329000
CY2023Q2 goro Mining Royalty Taxes Payable
MiningRoyaltyTaxesPayable
1130000
CY2022Q4 goro Mining Royalty Taxes Payable
MiningRoyaltyTaxesPayable
3945000
CY2023Q2 us-gaap Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
2263000
CY2022Q4 us-gaap Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
2211000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2608000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5197000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
19115000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
24682000
CY2023Q2 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
12541000
CY2022Q4 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
10366000
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
44015000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
43466000
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4674000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
9224000
CY2023Q2 us-gaap Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
2191000
CY2022Q4 us-gaap Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
2179000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1835000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2490000
CY2023Q2 us-gaap Liabilities
Liabilities
84371000
CY2022Q4 us-gaap Liabilities
Liabilities
92407000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
88468542
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
88398109
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
89000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
89000
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
111580000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
111024000
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2087000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7706000
CY2023Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
336398
CY2022Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
336398
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
5884000
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5884000
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1171000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1171000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
106701000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
111764000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
191072000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
204171000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24807000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
37064000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56035000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82481000
CY2023Q2 goro Mining Production Costs
MiningProductionCosts
20302000
CY2022Q2 goro Mining Production Costs
MiningProductionCosts
21722000
goro Mining Production Costs
MiningProductionCosts
40152000
goro Mining Production Costs
MiningProductionCosts
41796000
CY2023Q2 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
6474000
CY2022Q2 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
7262000
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
13728000
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
13220000
CY2023Q2 goro Reclamation And Remediation
ReclamationAndRemediation
200000
CY2022Q2 goro Reclamation And Remediation
ReclamationAndRemediation
61000
goro Reclamation And Remediation
ReclamationAndRemediation
395000
goro Reclamation And Remediation
ReclamationAndRemediation
123000
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
26976000
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29045000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
54275000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
55139000
CY2023Q2 us-gaap Gross Profit
GrossProfit
-2169000
CY2022Q2 us-gaap Gross Profit
GrossProfit
8019000
us-gaap Gross Profit
GrossProfit
1760000
us-gaap Gross Profit
GrossProfit
27342000
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2130000
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1920000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3323000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3819000
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
7000
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
393000
us-gaap Share Based Compensation
ShareBasedCompensation
604000
us-gaap Share Based Compensation
ShareBasedCompensation
1167000
CY2022Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3799000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-338000
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-711000
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-214000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2180000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1052000
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
4288000
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
1565000
us-gaap Costs And Expenses
CostsAndExpenses
9386000
us-gaap Costs And Expenses
CostsAndExpenses
11518000
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6457000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6454000
us-gaap Operating Income Loss
OperatingIncomeLoss
-7626000
us-gaap Operating Income Loss
OperatingIncomeLoss
15824000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1873000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3781000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2007000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9132000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-4584000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
2673000
us-gaap Net Income Loss
NetIncomeLoss
-5619000
us-gaap Net Income Loss
NetIncomeLoss
6692000
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88468542
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88343992
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88437413
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88341398
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88468542
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88791552
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88437413
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88646849
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
123715000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
507000
CY2022Q2 us-gaap Dividends
Dividends
884000
CY2022Q2 goro Surrender Of Stock For Taxes Due On Vesting Value
SurrenderOfStockForTaxesDueOnVestingValue
9000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
2673000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
126002000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
110991000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
294000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-4584000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
106701000
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
120750000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
667000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-331000
us-gaap Dividends
Dividends
1767000
goro Surrender Of Stock For Taxes Due On Vesting Value
SurrenderOfStockForTaxesDueOnVestingValue
9000
us-gaap Net Income Loss
NetIncomeLoss
6692000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
126002000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
111764000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
567000
goro Surrender Of Stock For Taxes Due On Vesting Value
SurrenderOfStockForTaxesDueOnVestingValue
11000
us-gaap Net Income Loss
NetIncomeLoss
-5619000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
106701000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.02
us-gaap Profit Loss
ProfitLoss
-5619000
us-gaap Profit Loss
ProfitLoss
6692000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2965000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1198000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13772000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13294000
us-gaap Share Based Compensation
ShareBasedCompensation
604000
us-gaap Share Based Compensation
ShareBasedCompensation
1167000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-616000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1827000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-730000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2395000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1762000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1688000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
594000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1829000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
72000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2394000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-943000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5367000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3857000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
473000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12206000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6001000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10518000
goro Proceeds From Sale Of Gold And Silver Bullion Or Rounds
ProceedsFromSaleOfGoldAndSilverBullionOrRounds
533000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6001000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9985000
goro Proceeds For From Stock Options Exercised
ProceedsForFromStockOptionsExercised
-376000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1767000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2143000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-174000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-455000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5718000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-377000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23675000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33712000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17957000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33335000
us-gaap Income Taxes Paid
IncomeTaxesPaid
6068000
us-gaap Income Taxes Paid
IncomeTaxesPaid
15972000
goro Increase Decrease In Accrued Capital Expenditures
IncreaseDecreaseInAccruedCapitalExpenditures
-795000
goro Increase Decrease In Accrued Capital Expenditures
IncreaseDecreaseInAccruedCapitalExpenditures
-1094000
CY2023Q2 goro Realized Gain Or Loss Embedded Derivative Net
RealizedGainOrLossEmbeddedDerivativeNet
248000
CY2022Q2 goro Realized Gain Or Loss Embedded Derivative Net
RealizedGainOrLossEmbeddedDerivativeNet
1160000
goro Realized Gain Or Loss Embedded Derivative Net
RealizedGainOrLossEmbeddedDerivativeNet
882000
goro Realized Gain Or Loss Embedded Derivative Net
RealizedGainOrLossEmbeddedDerivativeNet
2026000
CY2023Q2 goro Unrealized Gain Or Loss Embedded Derivative Net
UnrealizedGainOrLossEmbeddedDerivativeNet
-705000
CY2022Q2 goro Unrealized Gain Or Loss Embedded Derivative Net
UnrealizedGainOrLossEmbeddedDerivativeNet
-3324000
goro Unrealized Gain Or Loss Embedded Derivative Net
UnrealizedGainOrLossEmbeddedDerivativeNet
-1426000
goro Unrealized Gain Or Loss Embedded Derivative Net
UnrealizedGainOrLossEmbeddedDerivativeNet
-2156000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24807000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
37064000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56035000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82481000
CY2023Q2 goro Ore Stockpiles Underground Mine
OreStockpilesUndergroundMine
244000
CY2022Q4 goro Ore Stockpiles Underground Mine
OreStockpilesUndergroundMine
597000
CY2023Q2 goro Inventory Concentrates
InventoryConcentrates
1384000
CY2022Q4 goro Inventory Concentrates
InventoryConcentrates
3271000
CY2023Q2 goro Inventory Dore
InventoryDore
359000
CY2022Q4 goro Inventory Dore
InventoryDore
653000
CY2023Q2 goro Product Inventory
ProductInventory
1987000
CY2022Q4 goro Product Inventory
ProductInventory
4521000
CY2023Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
8887000
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
8979000
CY2023Q2 us-gaap Inventory Net
InventoryNet
10874000
CY2022Q4 us-gaap Inventory Net
InventoryNet
13500000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1900000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2000000.0
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9100000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
goro Dividend Withholding Tax Between Countries
DividendWithholdingTaxBetweenCountries
0.05
goro Mitl Withholding Tax On Dividends Paid To Residents And Nonresident Shareholders
MitlWithholdingTaxOnDividendsPaidToResidentsAndNonresidentShareholders
0.10
goro Dividend Withholding Tax Between Countries
DividendWithholdingTaxBetweenCountries
0.05
goro Dividend Withholding Tax Between Countries
DividendWithholdingTaxBetweenCountries
0.05
goro Dividend Withholding Tax Between Countries
DividendWithholdingTaxBetweenCountries
0.05
CY2023Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
0
CY2023Q2 us-gaap Supplies
Supplies
706000
CY2022Q4 us-gaap Supplies
Supplies
867000
CY2023Q2 us-gaap Prepaid Insurance
PrepaidInsurance
2436000
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1298000
CY2023Q2 us-gaap Prepaid Taxes
PrepaidTaxes
2813000
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
432000
CY2023Q2 us-gaap Other Assets Current
OtherAssetsCurrent
821000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1242000
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6776000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3839000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
290079000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
284510000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
144434000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
131947000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
145645000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
152563000
CY2023Q2 goro Accrued Capital Expenditures
AccruedCapitalExpenditures
400000
CY2022Q4 goro Accrued Capital Expenditures
AccruedCapitalExpenditures
1300000
CY2023Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
6500000
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
13700000
CY2022Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
7300000
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
13200000
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
350000
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
339000
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5465000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5509000
CY2023Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1054000
CY2022Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
1787000
CY2023Q2 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
147000
CY2023Q2 goro Reclamation And Remediation Liabilities Current
ReclamationAndRemediationLiabilitiesCurrent
110000
CY2023Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
98000
CY2022Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2206000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1199000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1204000
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2608000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5197000
CY2023Q2 goro Accrued Noncurrent Labor Obligation
AccruedNoncurrentLaborObligation
1237000
CY2022Q4 goro Accrued Noncurrent Labor Obligation
AccruedNoncurrentLaborObligation
1050000
CY2023Q2 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
506000
CY2022Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
884000
CY2023Q2 goro Other Liabilities Noncurrent Others
OtherLiabilitiesNoncurrentOthers
92000
CY2022Q4 goro Other Liabilities Noncurrent Others
OtherLiabilitiesNoncurrentOthers
556000
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1835000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2490000
CY2023Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
44015000
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
43466000
CY2023Q2 goro Interest Expenses Discount Rate
InterestExpensesDiscountRate
0.08
CY2022Q4 goro Interest Expenses Discount Rate
InterestExpensesDiscountRate
0.080
CY2023Q2 goro Reclamation And Remediation Liabilities Current
ReclamationAndRemediationLiabilitiesCurrent
110000
CY2023Q2 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
12541000
CY2022Q4 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
10366000
CY2023Q2 goro Reclamation And Remediation Liabilities
ReclamationAndRemediationLiabilities
12651000
CY2022Q4 goro Reclamation And Remediation Liabilities
ReclamationAndRemediationLiabilities
10366000
CY2022Q4 goro Reclamation Liabilities
ReclamationLiabilities
1949000
CY2021Q4 goro Reclamation Liabilities
ReclamationLiabilities
1833000
goro Mine Reclamation Foreign Currency Translation
MineReclamationForeignCurrencyTranslation
260000
CY2022 goro Mine Reclamation Foreign Currency Translation
MineReclamationForeignCurrencyTranslation
116000
CY2023Q2 goro Reclamation Liabilities
ReclamationLiabilities
2209000
CY2022Q4 goro Reclamation Liabilities
ReclamationLiabilities
1949000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
8417000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1279000
CY2022 us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
6384000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
514000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
354000
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
668000
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
1157000
CY2022 us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
86000
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10442000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
8417000
CY2023Q2 goro Reclamation And Remediation Liabilities
ReclamationAndRemediationLiabilities
12651000
CY2022Q4 goro Reclamation And Remediation Liabilities
ReclamationAndRemediationLiabilities
10366000
CY2022 goro Increase In Estimated Liability
IncreaseInEstimatedLiability
6400000
CY2023Q2 goro Reclamation And Remediation Discount Rate
ReclamationAndRemediationDiscountRate
0.08
CY2023Q2 us-gaap Other Commitment
OtherCommitment
700000
CY2022Q4 us-gaap Other Commitment
OtherCommitment
1200000
CY2022Q2 goro Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.01
goro Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.02
CY2022Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
900000
us-gaap Payments Of Dividends
PaymentsOfDividends
1800000
goro Embedded Derivatives Weight Under Unsettled Sales Contract Value
EmbeddedDerivativesWeightUnderUnsettledSalesContractValue
37549000
goro Defined Contribution Plan Maximum Percentage Amount Of Employee S Gross Pay That Employee Can Contribute
DefinedContributionPlanMaximumPercentageAmountOfEmployeeSGrossPayThatEmployeeCanContribute
0.90
goro Percentage Of Statutory Profit Sharing Payable
PercentageOfStatutoryProfitSharingPayable
0.10
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5000000
us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
323900
CY2023Q2 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
323900
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
300000
CY2023Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
300000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2023Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
320816
CY2022Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
355000
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7000
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
393000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
604000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1167000
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
114000
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-77000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-339000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-522000
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-133000
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-30000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-309000
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-159000
CY2023Q2 goro Unrealized Investment Gains Losses
UnrealizedInvestmentGainsLosses
-6000
CY2022Q2 goro Unrealized Investment Gains Losses
UnrealizedInvestmentGainsLosses
-8000
goro Unrealized Investment Gains Losses
UnrealizedInvestmentGainsLosses
3000
goro Unrealized Investment Gains Losses
UnrealizedInvestmentGainsLosses
28000
CY2023Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12000
CY2023Q2 goro Interest On Streaming Liabilities
InterestOnStreamingLiabilities
275000
CY2022Q2 goro Interest On Streaming Liabilities
InterestOnStreamingLiabilities
134000
goro Interest On Streaming Liabilities
InterestOnStreamingLiabilities
549000
goro Interest On Streaming Liabilities
InterestOnStreamingLiabilities
310000
CY2023Q2 us-gaap Severance Costs1
SeveranceCosts1
267000
us-gaap Severance Costs1
SeveranceCosts1
877000
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-132000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
35000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-97000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-89000
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-711000
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-214000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2180000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1052000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1500000
goro Average Share Price
AverageSharePrice
2.88
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2300000
goro Average Share Price
AverageSharePrice
4.49
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-4584000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
2673000
us-gaap Net Income Loss
NetIncomeLoss
-5619000
us-gaap Net Income Loss
NetIncomeLoss
6692000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88468542
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88343992
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88437413
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88341398
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
447560
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
305451
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88468542
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88791552
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88437413
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88646849
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
248000
CY2023Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-705000
CY2023Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-457000
CY2022Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
1160000
CY2022Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3324000
CY2022Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-2164000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
882000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1426000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-544000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
2026000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2156000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-130000
CY2023Q2 goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
-5000
CY2022Q2 goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
-8000
goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
4000
goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
62000
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
114000
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-77000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-339000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-522000
CY2022Q2 goro Unrealized Gain Loss On Zinc Zero Cost Collar
UnrealizedGainLossOnZincZeroCostCollar
-4628000
goro Unrealized Gain Loss On Zinc Zero Cost Collar
UnrealizedGainLossOnZincZeroCostCollar
-2119000
CY2023Q2 goro Other Adjustments
OtherAdjustments
-94000
CY2022Q2 goro Other Adjustments
OtherAdjustments
-165000
goro Other Adjustments
OtherAdjustments
-281000
goro Other Adjustments
OtherAdjustments
168000
CY2023Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15000
CY2022Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
4378000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-616000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1827000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2023Q2 us-gaap Assets Current
AssetsCurrent
39962000
CY2023Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
151110000
CY2023Q2 us-gaap Assets
Assets
191072000
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
19115000
CY2023Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
65256000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
106701000
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
191072000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
46099000
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
158072000
CY2022Q4 us-gaap Assets
Assets
204171000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
24682000
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
67725000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
111764000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
204171000
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24807000
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
26976000
CY2023Q2 goro Mining Exploration Expense
MiningExplorationExpense
1440000
CY2023Q2 goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
2848000
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1873000
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-4584000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
37064000
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29045000
CY2022Q2 goro Mining Exploration Expense
MiningExplorationExpense
2837000
CY2022Q2 goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
-1272000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3781000
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2673000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56035000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
54275000
goro Mining Exploration Expense
MiningExplorationExpense
3279000
goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
6107000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2007000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-5619000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82481000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
55139000
goro Mining Exploration Expense
MiningExplorationExpense
5142000
goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
6376000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9132000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
6692000

Files In Submission

Name View Source Status
0001558370-23-012306-index-headers.html Edgar Link pending
0001558370-23-012306-index.html Edgar Link pending
0001558370-23-012306.txt Edgar Link pending
0001558370-23-012306-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
goro-20230630.xsd Edgar Link pending
goro-20230630x10q.htm Edgar Link pending
goro-20230630x10q003.jpg Edgar Link pending
goro-20230630x10q005.jpg Edgar Link pending
goro-20230630x10q007.jpg Edgar Link pending
goro-20230630x10q008.jpg Edgar Link pending
goro-20230630x10q009.jpg Edgar Link pending
goro-20230630x10q012.jpg Edgar Link pending
goro-20230630x10q013.jpg Edgar Link pending
goro-20230630x10q014.jpg Edgar Link pending
goro-20230630x10q015.jpg Edgar Link pending
goro-20230630x10q016.jpg Edgar Link pending
goro-20230630x10q017.jpg Edgar Link pending
goro-20230630x10q018.jpg Edgar Link pending
goro-20230630x10q019.jpg Edgar Link pending
goro-20230630xex31d1.htm Edgar Link pending
goro-20230630xex31d2.htm Edgar Link pending
goro-20230630xex32.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
goro-20230630_cal.xml Edgar Link unprocessable
goro-20230630_lab.xml Edgar Link unprocessable
goro-20230630_def.xml Edgar Link unprocessable
goro-20230630_pre.xml Edgar Link unprocessable
goro-20230630x10q_htm.xml Edgar Link completed
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending