Karora Resources

Dumont Nickel Project - 8.4 billion pounds of nickel resources - Abitibi

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Message: BRIEF-Karora Resources Reports Q2 Consolidated Gold Production Of 24,078 Ounces

 

2020-08-10 07:41:57 AM ET (Reuters)
   
   

Aug 10 (Reuters) - Karora Resources Inc:

* KARORA ANNOUNCES STRONG SECOND QUARTER FINANCIAL AND OPERATING RESULTS, REITERATES 2020 GUIDANCE

* Q2 2020 CONSOLIDATED GOLD PRODUCTION OF 24,078 OUNCES

* 2020 GOLD PRODUCTION GUIDANCE OF 90,000 TO 95,000 OUNCES IS MAINTAINED

* Q2 2020 CONSOLIDATED AISC OF US$1,065 PER OUNCE

* CONTINUES TO TARGET AISC COSTS OF ABOUT US $1,000 PER OUNCE BY END OF 2020

* Q2 EARNINGS PER SHARE $0.07

* Q2 ADJUSTED EARNINGS PER SHARE $0.12

* QTRLY REVENUE C$56.1 MILLION VERSUS C$17.2 MILLION Source text for Eikon: Further company coverage:

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