Gold Resource is trading 5.8% down at $2.02 following a leadership shake-up after its merger with Goldgroup Mining.
- Allen Palmiere has stepped down as CEO, with Goldgroup board chair Javier Reyes appointed as interim CEO, adding uncertainty during the integration phase.
- The stock is facing additional pressure from a weak Nasdaq and a 3β4% decline in major cryptocurrencies like Bitcoin and Ethereum.