Aug. 12 at 9:05 PM
$GORO At the current gold price of
$4,408 and silver price of
$65.32, the combined GORO’s two producing mines could generate an estimated annual gross metal value of approximately
$238–317 million, based on the company’s 2026 production estimates. If the San Francisco mine is successfully restarted at its projected capacity of 50,000–60,000 gold ounces per year, it could add another
$220–264 million annually. This would raise the potential combined gross metal value of the three Mexican mines to approximately
$458–582 million per year. Moreover, the company’s 2027 target of more than 150,000 gold-equivalent ounces would represent roughly
$661 million in annual gross metal value at today’s prices. These figures are not profit estimates, but they clearly demonstrate the enormous leverage the newly combined GORO has to elevated gold and silver prices.