Karora Resources

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

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Message: BRIEF-Karora Announces Record Quarterly Adjusted EBITDA Of $23 Million And Record Low AISC Of US$1,044 Per Ounce Since HGO Acquisition
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BRIEF-Karora Announces Record Quarterly Adjusted EBITDA Of $23 Million And Record Low AISC Of US$1,044 Per Ounce Since HGO Acquisition

posted on Nov 12, 2020 09:23AM
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2020-11-12 07:36:44 AM ET (Reuters)
   
   

Nov 12 (Reuters) - Karora Resources Inc:

* KARORA ANNOUNCES RECORD QUARTERLY ADJUSTED EBITDA OF $23 MILLION AND RECORD LOW AISC OF US$1,044 PER OUNCE SINCE HGO ACQUISITION

* KARORA RESOURCES INC - Q3 2020 CONSOLIDATED GOLD PRODUCTION WAS 24,717 OUNCES

* KARORA RESOURCES INC - MAINTAINS ITS 2020 COST GUIDANCE OF US$1,050-US$1,200 PER OUNCE

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

* KARORA RESOURCES INC QTRLY EARNINGS PER SHARE $0.24

* KARORA RESOURCES INC QTRLY ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION OF $0.16 PER SHARE

* KARORA RESOURCES INC QTRLY REVENUE $59.4 MILLION VERSUS $43.1 MILLION Source text for Eikon: Further company coverage:
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