Today Gold Resource Corp (NYSE: GORO) released its 2Q 2017 production results. The company produced the following amounts of metals:
 

Now, assuming the following, average metal prices recorded in 2Q 2017:
 

the metals produced in 2Q 2017 were worth:
 

source: Simple Digressions
 

Or, look at another chart:
 

source: Simple Digressions
 

As the chart shows, the value of base metals produced in 2Q 2017 was higher than the value of precious metals.

So, GORO is not a primary precious metals producer anymore, which means that from now on the company’s peers are base metals producers.