AuRico Gold Inc. (AUQ.TO) (AUQ), (“AuRico” or the “Company”) reports financial results for the three and six months ended June 30, 2013. The Company will host a conference call on Friday, August 9, 2013 beginning at 8:30 a.m. Eastern Time (details below).
Financial Highlights
For the second quarter, the Company reported the following results:
- Revenues of $57.7 million
- Adjusted net earnings(1) of $6.1 million, or $0.02 per share
- Net loss of $103.5 million, or ($0.42) per share, including non-cash impairment charges and net realizable value adjustments of $104.9 million, or ($0.42) per share, net of taxes
- Production of 48,003 gold ounces(2)
- Cash costs of $655 per gold ounce(1)
- All-in sustaining costs of $1,189 per gold ounce(3)
- Operating cash flow before changes in working capital(1) of $18.7 million, or $0.08 per share