Welcome To The Argonaut Gold Inc. HUB On AGORACOM
"Friendly aquisition" of Prodigy Gold (Oct. 2012) / > 100k ounces in 2012
AGORACOM NEWS FLASH
Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.
Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!
Sincerely,
George et al
Message: NR - Earnings
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Argonaut Gold Announces Second Quarter 2017 Operating and Financial Results;
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(in millions except for earnings (loss) per share) |
3 months ended June 30 | Change |
6 months ended June 30 | Change | ||
| 2017 | 2016 | 2017 | 2016 | |||
| Revenue | $42.5 | $39.1 | 9% | $87.0 | $74.4 | 17% |
| Gross profit | $9.5 | $7.8 | 22% | $19.5 | $16.7 | 17% |
| Net income (loss) | $6.2 | ($0.7) | 986% | $18.2 | $3.6 | 406% |
| Earnings (loss) per share – basic | $0.04 | ($0.00) | - | $0.11 | $0.02 | 450% |
| Adjusted net income2 | $4.1 | $3.1 | 32% | $9.0 | $4.9 | 84% |
| Adjusted earnings per share – basic2 | $0.02 | $0.02 | 0% | $0.05 | $0.03 | 67% |
| Cash flow from operating activities before changes in non-cash operating working capital | $13.5 | $9.2 | 47% | $28.4 | $18.1 | 57% |
| Cash and cash equivalents | $53.8 | $54.1 | (1%) | $53.8 | $54.1 | (1%) |
| GEOs loaded to the pads1 | 53,402 | 63,724 | (16%) | 108,849 | 114,726 | (5%) |
| GEOs projected recoverable1,3 | 31,430 | 32,125 | (2%) | 64,142 | 59,981 | 7% |
| GEOs produced1,4 | 29,730 | 29,237 | 2% | 67,437 | 61,391 | 10% |
| GEOs sold1 | 33,747 | 31,230 | 8% | 69,920 | 61,242 | 14% |
| Average realized sales price per gold ounce sold | $1,260 | $1,258 | 0% | $1,244 | $1,220 | 2% |
| Cash cost per gold ounce sold2 | $785 | $794 | (1%) | $767 | $776 | (1%) |
| All-in sustaining cost per gold ounce sold2 | $906 | $947 | (4%) | $887 | $910 | (3%) |
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