GORO (edited) should report earnings today. Im looking for a repeat of Q1 numbers with possibly a small added production volume.
Q1 GORO Posted net earnings of 13 cents per share with cash costs at $422 and AISC costs at $816, cash flow of 17 million and increased their cash supply while paying the dividend.
That would be the 2 great quarters in a row telling the market that GORO has turned things around operationally and new management is doing a much better job. Looking for an update on the Switchback production decision as well. Im very confident their costs will stay very low.
Could have bought GORO at 3.50 early May. Now trading at 5.50
With the Hochschild overhang nearly done, the share should continue up.
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