Gold Resource Corporation · AMEX:GORO
Gold Resource — Q1 2021 Earnings Presentation
8 slides from Gold Resource's earnings presentation, Apr 29, 2021
Slide 1: First Quarter 2021 Conference Call
First Quarter 2021 Conference Call April 29, 2021 11:00 AM ET Allen Palmiere, President & Chief Executive Officer Kim Perry, Chief Financial Officer
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to us, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward
Slide 3: Q1 2021 Highlights
Q1 2021 Highlights • Seventh straight year, Don David Gold Mine earned Empresa Socialmente Responsable award • No lost time incidents during Q1 2021 • Technical Advisory Committee created to advise on operational and strategic goals - Dale Finn, Joe Spiteri initial members
Slide 4: Q1 2021 Operational Results
Q1 2021 Operational Results Metal (Q1 2021) Produced Sold Gold ounces ~6,100 ~5,000 Silver ounces (000s) ~308 ~253 Copper tonnes ~440 ~380 Lead tonnes ~1,700 ~1,200 Zinc tonnes ~4,400 ~3,100
Slide 5: Q1 2021 Financial Results
Q1 2021 Financial Results Financial Measures March 31, 2021 Cash balance $27.2 M Cash from continuing operating activities $ 6.8 M Q1 2021 Net income $ 2.5 M Net sales $27.3 M Production cost $15.2 M Depreciation, Amortization & Reclamation $ 3.4 M Mining gross profit $ 8.6 M EBITDA, continuing oper
Slide 6: Q1 2021 Capital & Exploration Spent
Q1 2021 Capital & Exploration Spent Investments March 31, 2021 2021 FY Guidance Capital Gold Regrind 4 1,900 Dry Stack Completion 1,708 6,200 Underground Development 1,088 9,800 Other Sustaining Capital 804 4,100 Subtotal 3,604 22,000 Exploration Surface Exploration Expense 1,195 3,000 Underground D
Slide 7: Areas of Focus
Areas of Focus • Experienced board of directors with impressive industry Leadership & knowledge and proven track record to implement and adopt best Governance in practice governance • Commitment to safety, sustainability and environmental matters Social License • Renewed community and government rel
Slide 8: Investment Thesis
Investment Thesis • Junior precious metals producer with significant base metal co-product credits and a new, independent board and management focused on disciplined growth • Low-cost production with the potential of lowering our costs further by unlocking value of existing infrastructure • Strong b