Brief: Argonaut Gold Announces First Quarter Financial And Operating Results Provides Project Development Update

Argonaut Gold

05/05/2023 12:29

Argonaut Gold Inc  AR.TO :
    * ARGONAUT GOLD ANNOUNCES FIRST QUARTER FINANCIAL AND
OPERATING
RESULTS; PROVIDES PROJECT DEVELOPMENT UPDATE
    * ARGONAUT GOLD INC Q1 LOSS PER SHARE $0.01
    * ARGONAUT GOLD INC - MAGINO PROJECT REMAINS ON TRACK FOR
FIRST
GOLD POUR IN SECOND HALF OF MAY ANDCOMMERCIAL PRODUCTION IN Q3
    * ARGONAUT GOLD INC - QTRLY REVENUE OF $69.0 MILLION WAS 35%
LOWER
THAN $105.8 MILLION FROM Q1 OF 2022
    * ARGONAUT GOLD INC - QTRLY CONSOLIDATED PRODUCTION OF
38,585 GOLD
EQUIVALENT OUNCES , WAS 30% LOWER COMPARED TO 55,516 GEOS FROM
Q1 OF 2022
    * ARGONAUT GOLD INC - QTRLY ADJUSTED NET LOSS OF $2.8
MILLION, OR
$0.00 PER BASIC SHARE
    * ARGONAUT GOLD INC - QTRLY NET LOSS OF $10.4 MILLION, OR
$0.01
PER BASIC AND DILUTED SHARE

Source text for Eikon:  ID:nCNW9wNfFa 
Further company coverage:  AR.TO