Loading ...- Consolidated gold production was 44,035 ounces at cash costs per ounce1 of $1,286 (US$940) and all-in sustaining costs (“AISC”) per ounce1 of $1,977 (US$1,445).
- Net income increased to $29.1 million, or $0.19 per share, an increase of $34.1 million from the corresponding quarter in 2023 and $18.4 million from the first quarter of 2024.
- Cash margin1 increased to $76.2 million or by more than 2.5 times relative to the prior year quarter mainly due to an increase in ounces sold, a higher average realized gold price and lower cash costs.
- Operating cash flow was $57.1 million, or $0.38 per share1, $43.1 million higher than the corresponding period in 2023 mainly due to the higher cash margin.
- Free cash flow1 of $28.4 million was $33.7 million higher than the corresponding period in 2023 mainly due to higher operating cash flow partially offset by an increase in capital expenditures.
- Available liquidity of $200.7 million includes $50.7 million in cash and $150.0 million of undrawn capacity available under the Company’s revolving credit facility.
WDO results
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.