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Gold Resource GORO Mining Exploration Expense

Mining Exploration Expense at other companies

SSR Mining logo
SSR MiningSSRM
$5.3M-11.0%
Southern Copper logo
Southern CopperSCCO
$10.8M-7.7%
U.S. Gold Corp. logo
U.S. Gold Corp.USAU
$436.91K-41.4%
McEwen Mining logo
McEwen MiningMUX
$5.46M+48.3%
NEX
NexMetals Mining Corp. Common SharesNEXM
772,039,500%+158,461,800pp
Paramount Gold Nevada logo
Paramount Gold NevadaPZG
$1.12M+52.7%

Segments

By segment

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Oaxaca Mexico$1.23M+338%
Michigan Usa$209K+2.5%

Other financials

Income statement

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Revenue$43.9M+256%
Gross profit$19.0M+1,412%
Operating income$9.5M+221%
Net income$4.7M+157%
EPS (diluted)$0.03+143%

Balance sheet

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Cash & equivalents$31.0M+534%
Total debt$5.7M
Total equity$48.8M+98.6%
Total assets$196.4M+33.0%

Cash flow

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Operating cash flow$14.9M+1,893%
CapEx$8.8M+302%
Free cash flow$6.1M+302%

Valuation

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Market cap$205.6M+179%
P/S1.6×+0.1×

Profitability

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Gross margin36%+24.3pp
Operating margin-57.9%+2.5pp
Net margin-58%-7.8pp
FCF margin7.4%+4.3pp

Returns & leverage

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Return on equity-111.4%+61.9pp
Debt / equity0.3×
Current ratio3.3×+1.9×

Where this comes from

Reported directly by Gold Resource in its filing.

Tagged under the XBRL concept goro:MiningExplorationExpense.

The official record: Gold Resource’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gold Resource's mining exploration expense?
Gold Resource (GORO) reported mining exploration expense of $1.44M in Q1 2026.
How has Gold Resource's mining exploration expense changed year-over-year?
Gold Resource's mining exploration expense increased by 196.7% year-over-year, from $485K to $1.44M.
What is the long-term trend for Gold Resource's mining exploration expense?
Over 4 years (2021 to 2025), Gold Resource's mining exploration expense has grown at a -14.2% compound annual growth rate (CAGR), from $4.89M to $2.65M.
What does mining exploration expense mean?
This metric represents the discretionary spending allocated to geological surveys, drilling, and feasibility studies aimed at identifying and expanding mineral reserves. It is a critical indicator of a mining company's long-term growth strategy and its ability to replenish its asset base. High levels of exploration spending indicate a focus on future production capacity, though it directly impacts current period profitability.