Wednesday 31 July 2013

AUY reports Q2 earning......

AUY reports the following for Q2 :


Sales Actual $430.5 million, expectation $484.64 million


EPS Actual 7 cents, expectation 10 cents


Gold Equivalent Ounce $950 which is all-in cost is lower by $64 per ounce from Q1 2013


Gold production is 295,545 sequential improvement of 2% from Q1 2013.


Cash flow from operation $195.4 million


Overall a good operating report in current environment based on Y/Y gold prices


AH trade $10.45 closed @ $10.50


Conference call @ 830 AM Thursday.


BLOG does NOT give buy or sell.


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