Brief: Argonaut Gold Reports Q1 Earnings Per Share Of $0.07

Argonaut Gold

30/04/2018 22:04

April 30 (Reuters) - Argonaut Gold Inc  AR.TO :
    * ARGONAUT GOLD ANNOUNCES FIRST QUARTER 2018 OPERATING AND
FINANCIAL RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.04
    * Q1 EARNINGS PER SHARE $0.07
    * Q1 REVENUE $52.9 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS
I/B/E/S
    * QTRLY GOLD OUNCES SOLD TOTALED 38,072 COMPARED TO 34,962
GOLD
OUNCES SOLD
    * ARGONAUT GOLD QTRLY PRODUCTION OF 40,853 GEOS AT A CASH
COST OF
$650 PER GOLD OUNCE SOLD VERSUS 37,707 GEOS AT A CASH COST OF
$751 PER GOLD OUNCE SOLD
    * ANTICIPATES ORE GRADE TO IMPROVE QUARTER OVER QUARTER
THROUGHOUT
2018
    * ESTIMATES IT HAS SUFFICIENT ORE TO CONTINUE OPERATIONS
UNTIL END
OF JULY AT BUDGETED CRUSHING THROUGHPUT LEVEL OF 12,000
TONNES/DAY

Source text for Eikon:  ID:nCNWg79rwa 
Further company coverage:  AR.TO 

 (Reuters.Briefs@thomsonreuters.com)