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Goldgroup Mining Inc

GORO.V Mexico Producer/Royalty Streaming

Outstanding management

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Bagger potential

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Share price · USD

$3.381

4.770 CAD at 0.7089

FD shares
188.55M
FD market cap
$615.0M
Metals
GoldSilverCopperLeadZinc
Country tier
Tier 2
Insider aligned
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Project grade
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Resource size
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Optionality
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Resource

Gold (oz)
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Silver (oz)
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Copper (lb)
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Resource equivalent

Gold (oz)
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Silver (oz)
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Copper (lb)
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Scoring inputs

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Description

Goldgroup Mining Inc. is a precious metals producer listed on the TSX Venture Exchange and NYSE American under the symbol GORO. Following its July 2026 combination with Gold Resource Corporation, it holds four 100%-owned assets: the producing Don David mine in Oaxaca and Cerro Prieto mine in Sonora, the fully permitted San Francisco project in Sonora, and the Back Forty project in Michigan. First-half 2026 production was 27,425 gold-equivalent ounces, and pro forma cash was US$59 million with no debt before a US$122 million September placement.

San Francisco holds 1.23 million ounces Measured and Indicated plus 178,000 ounces Inferred, with a restart targeted for 2027 subject to technical studies and financing. Don David produced 23,125 gold-equivalent ounces in 2025 at an AISC of US$2,807 per ounce, while Cerro Prieto is guided to roughly 17,000 to 20,000 ounces of gold in 2026. Management's stated goal is more than 250,000 gold-equivalent ounces per year.

 

List of projects
Project 1: Don David Gold Mine - 100% interest, Oaxaca, Mexico; metals: Gold, Silver, Copper, Lead, Zinc.
Project 2: Cerro Prieto Mine - 100% interest, Sonora, Mexico; metals: Gold.
Project 3: San Francisco Gold Project - 100% interest, Sonora, Mexico; metals: Gold.
Project 4: Back Forty Project - 100% interest, Michigan, USA; metals: Gold, Zinc, Copper, Silver.

Weakness

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List of projects

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Forecast share price

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Expected timeline to full production

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Company data last reviewed 04 Oct 2026. Price updated 19 Oct 2026 12:00.