Alacer Gold Corp. Reports Earnings and Production Results for the Third Quarter and Earnings Results for the Nine Months of 2017; Provides Production Guidance for the Full Year of 2017
For the nine months, the company reported cash flow from operating activities of $49.8 million. Gold sales was $128,484,000 against $103,575,000 a year ago. Attributable comprehensive net profit to owners was $60,551,000 against $14,363,000 a year ago. Basic and diluted earnings per share was $0.21 against $0.05 a year ago.
For the quarter, the company reported gold production of 39,312 ounces.
Full-year 2017 gold production is forecasted to be within the lower end of guidance of 160,000 -180,000 ounces.