Overview
Canada silver and gold producer's Q2 revenue rose to record $30.3 mln
Net income for Q2 rose to $16.4 mln, with basic EPS at $0.038
Record operating cash flow of $21.2 mln driven by Parral mine performance
Outlook
Company did not provide specific guidance for future quarters or the full year
Result Drivers
PARRAL MINE PERFORMANCE - Co said record operating cash flows were driven by strong performance at the Parral mine
HIGHER SILVER PRICES - Realized silver prices rose sharply compared to the prior year, impacting revenue and silver equivalent ounces sold
Company press release: ID:nNFCNtnrL
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$30.33 mln
Q2 Net Income
$16.44 mln
Q2 Basic EPS
$0.04
Q2 Operating Income
$18.50 mln
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)