Brief: Amerigo Resources Ltd Reports Q1 Financial Results

Amerigo Resources

08/05/2019 12:35

May 8 (Reuters) - Amerigo Resources Ltd  ARG.TO :
    * AMERIGO REPORTS Q1-2019 FINANCIAL RESULTS
    * Q1 LOSS PER SHARE $0.01
    * Q1 REVENUE $27.7 MILLION VERSUS $33.9 MILLION
    * FINANCIAL RESULTS WERE BELOW EXPECTATIONS DUE TO LOW
PRODUCTION
IN QUARTER
    * MVC HAS REVISED ITS 2019 ANNUAL PRODUCTION GUIDANCE TO 70
- 75
MILLION POUNDS OF COPPER
    * IN 2019, MVC CONTINUES TO EXPECT TO INCUR $5.8 MILLION IN
SUSTAINING CAPEX
    * Q1-2019 PRODUCTION WAS 13.0 MILLION POUNDS OF COPPER
(Q1-2018:
14.2 MILLION POUNDS)

Source text for Eikon:  ID:nGNX6mS2p6 
Further company coverage:  ARG.TO 

 (Reuters.Briefs@thomsonreuters.com)