Brief: Argonaut Gold Q2 Earnings Per Share $0.03

Argonaut Gold

07/08/2019 22:22

Aug 7 (Reuters) - Argonaut Gold Inc  AR.TO :
    * ARGONAUT GOLD ANNOUNCES SECOND QUARTER 2019 OPERATING AND
FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $0.03
    * Q2 EARNINGS PER SHARE ESTIMATE $0.03 -- REFINITIV IBES
DATA
    * REVENUE FOR THREE MONTHS ENDED JUNE 30, 2019 WAS $56.0
MILLION,
AN INCREASE FROM $50.2 MILLION FOR THREE MONTHS ENDED JUNE 30,
2018
    * DURING Q2 OF 2019, GOLD OUNCES SOLD TOTALED 41,647 AT AN
AVERAGE
REALIZED PRICE PER OUNCE OF $1,303
    * ARGONAUT GOLD - ANTICIPATES WILL PRODUCE BETWEEN 200,000
AND
215,000 GEOS DURING 2019 AT A CASH COST OF BETWEEN $800 TO $900
PER GOLD OUNCE SOLD
    * PLANS TO INVEST BETWEEN $50 MILLION AND $55 MILLION IN
CAPITAL
PROGRAMS DURING 2019 OF WHICH ABOUT $30 MILLION WAS SPENT DURING
H1 OF 2019

Source text for Eikon:  ID:nCNW3KhWza 
Further company coverage:  AR.TO 

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