Q: Please an update after their last quarter numbers.
Thx
Thx
5i Research Answer:
EPS of 11c beat estimates of 6c handily. Revenue of $478.6M beat estimates by 2%. EBITDA of $200M beat by 8.5%. This week it reached an agreement to re-start its Mexican Los Filos Mine, which is positive. Revenue surged with higher production and prices and with some production from the Calibre acquisitions (closed mid June). 219,122 ounces were produced at all-in costs of $1,959/ounce. Guidance for the year was affirmed. We would consider it a solid quarter and the outlook is also good.