M&A · Energy · Gold and Silver Ores
Goldgroup Mining Inc. to acquire Gold Resource Corp
Announced Jan 26, 2026 · Closed Jul 20, 2026
Deal value$372MEV $372M
Premium39.0%To unaffected price
EV / Adj. EBITDA—6.1x EV / Revenue
ConsiderationAll stock
Transaction
- Acquirer
- Goldgroup Mining Inc. (GORO)
- Target
- Gold Resource Corp (GORO)
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- $372M
- Status
- Closed Jul 20, 2026
Deal protections
- Break fee (target pays)
- $5.0M · 1.3%
- Reverse fee (buyer pays)
- $5.0M · 1.3%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Sector context · Energy
- Comparable deals
- 36 in the prior 24 months
- Premium
- 39.0% vs. 19.0% sector median
- EV / Adj. EBITDA
- Sector median 8.9x
- Break fee
- 1.3% vs. 3.0% sector median
Timeline
- AnnouncedJan 26, 2026
- Proxy filedMay 15, 2026
- Definitive proxyMay 29, 2026
- Shareholder voteJul 2, 2026
- ClosedJul 20, 2026
Valuation · fairness opinions
Precedent transactions$0.50$1.33
Trading comparables$0.60$1.88
Implied value per Gold Resource Corp share by analysis.