Gold Resource ( (GORO) ) has released a notification of late filing.
Gold Resource Corporation has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to errors in the application of U.S. generally accepted accounting principles, which led to incorrect presentation of certain liabilities in the company’s financial statements. The company is working on restating its financial statements and expects to file the report within fifteen days following the original March 31, 2025 deadline. The restatements are anticipated to increase the company’s streaming liability by approximately $16 million and affect the accumulated deficit and other expenses. Gold Resource Corporation is addressing these issues and aims to maintain compliance, with the notification signed by President and CEO Allen Palmiere.
More about Gold Resource
YTD Price Performance: 131.36%
Average Trading Volume: 2,957,563
Technical Sentiment Signal: Hold
Current Market Cap: $51.55M
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