TGZ 0.00% $3.30 teranga gold corporation

Undervalued. Quarterly report. Best ever production record of...

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    Undervalued.

    Quarterly report.
    • Best ever production record of 52,540 ounces for second quarter and 123,267 ounces for first half of the year
    • Mill throughput surpasses 1 million tonne milestone for only third time in Company's history
    • All-in sustaining costs per ounce of $968, including all development capital and total cash costs per ounce of $619
    • 17 percent cash margin expansion
    • Net profit attributable to shareholders of $6.1 million or $0.02 per share
    • Significant growth in free cash flow per ounce to $97 from ($11) in the prior year quarter
    • 31 percent increase in cash balance since start of year; pro forma June 30, 2016 cash balance of $70.2 million
    Gw
 
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Currently unlisted public company.

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