Tuesday, November 22, 2016

Argonaut Gold Inc. - AR.t

Argonaut Gold Inc. - AR.t primary gold assets are the El Castillo Mine (Durango, Mexico), the La Colorada Mine (Sonora, Mexico), the advanced exploration stage San Antonio and Magino projects, as well as the exploration-stage La Fortuna Project.




On August 11, 2016 the company released Numbers

"Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce its financial and operating results for the second quarter ended June 30, 2016.  All dollar amounts are expressed in United States dollars unless otherwise specified.
 3 months ended  June 30 Change6 months ended June 30Change
2016201520162015
Financial Data (in millions except for earnings (loss) per share)
Revenue$39.1$43.5(10%)$74.4$94.5(21%)
Gross profit (loss)$7.8($10.2)176%$16.7($3.5)577%
Net income (loss)($0.7)($10.5)93%$3.6($9.0)140%
Earnings (loss) per share - basic($0.00)($0.07)100%$0.02($0.06)133%
Adjusted net income3$3.1$0.9244%$4.9$2.688%
Adjusted earnings per share – basic3$0.02$0.01100%$0.03$0.0250%
Cash flow from operating activities before changes in non-cash operating working capital and other items$9.2$11.4(19%)$18.1$28.2(36%)
Cash and cash equivalents   $54.1$43.724%
Gold Production and Cost Data
GEOs loaded to the pads163,72455,87114%114,726110,1254%
GEOs projected recoverable1,232,12531,6172%59,98163,251(5%)
GEOs produced129,23736,529(20%)61,39179,784(23%)
GEOs sold131,23036,547(15%)61,24278,965(22%)
Average realized sales price$1,258$1,2015%$1,220$1,2061%
Cash cost per gold ounce sold3$794$7792%$776$7553%
All-in sustaining cost per gold ounce sold3$947$9094%$910$8952%














http://pennystockjournal.blogspot.com/2016/06/argonaut-gold-inc-art.html