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Perseus Mining Q3 Earnings Call Highlights [Yahoo! Finance]
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by stronger performance across all three operating mines and a higher realized gold price. Managing Director and CEO Craig Jones said the company produced 107,000 ounces of gold during the quarter, up 18,000 ounces from the December quarter. Jones said the weighted average all-in site cost (AISC) was $1,748 per ounce, down from $1,800 per ounce in the prior quarter, “mainly due to the higher production.” Perseus achieved a realized gold sale price of $4,143 per ounce, which he said was $706 per ounce higher than the previous quarter, resulting in an average cash margin of $2,394 per ounce and “notional operating cash flow of $252 million from all of the operations.” Cash position, liquidity, dividend and buyback ? Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting Chief Financial Officer Lee-Anne de Bruin said Perseus ended the quarter with cash and bullion of AUD 817 million, up AUD 62 million quarter-over-quarter, despite spending on growth projects and explorat
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