Gold Resource, Goldgroup Mining subsidiary, posts Q1 net income of $4.74 million
GORO•Balance sheet items
Cash and cash equivalents increased to USD 31.03 million at March 31, 2026 from USD 25.01 million at Dec. 31, 2025.
Gold and silver stream agreements liability climbed to USD 95.6 million from USD 90.93 million.
Cash flow and capital spending
Operating cash flow totaled USD 14.85 million. Capital expenditures were USD 8.76 million.
Q1 results reverse prior-year loss
Gold Resource, a subsidiary of Goldgroup Mining, posted Q1 2026 net income of USD 4.74 million, reversing a USD 8.32 million loss.
Sales rose to USD 43.94 million from USD 12.35 million. Mine gross profit reached USD 19.05 million versus a USD 1.45 million loss.
