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0.00% $2.20 oceanagold corporation

News: OGC Oceanagold Corp Q3 net profit $30.7 million

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    27/10/16
    16:36
    Post #: 20173862

    Oct 27 (Reuters) - Oceanagold Corp (OGC)

    • Q3 revenue $150.4 million versus $109.6 million
    • On track to achieve 2016 production and cost guidance
    • Net profit of $30.7 million in Q3 compared to $39.7 million in Q2
    • Well placed ahead of 2017
    • Expect to generate even stronger cash flows with haile being added to our stable of strong cash-flow generating operations
    • Consolidated production 88,975 ounces of gold and 5,114 tonnes of copper in Q3
    • In Q3 company reported revenue of $150.4 million, lower than in previous quarter as a result of decreased sales
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