BUY Conviction4/5 Analysis quality85/100 now
Hogue is bullish on Gold Resource Corporation, highlighting its gold and silver mining operations, consistent production, and strong balance sheet with $33.7 million in cash and no debt. The company is a consistent dividend payer with a 2.3% yield and has long mine lives for its projects.
“With the price of gold hovering around nineteen hundred dollars an ounce this company is a cash machine on an all in sustaining cost of production at just nine hundred and twenty two dollars an ounce it's a consistent dividend pair with eleven years and a hundred and nineteen million dollars return to shareholders.”