Update: AuRico Gold Announces $9 Million Net Free Cash Flow For Q4 [Seeking Alpha]
AURICO GOLD (AUQ)
US:NYSE Investor Relations:
alamosgold.com
Company Research
Source: Seeking Alpha
Update: AuRico Gold Announces $9 Million Net Free Cash Flow For Q4 Summary AuRico Gold just announced preliminary fourth-quarter production results of 40,945 ounces at total cash costs of $746 per ounce. The company recorded its 11th consecutive quarter of record gold production from its cornerstone Young-Davidson mine; more importantly, cash costs fell more than 15% annually. The solid production resulted in $9 million in net free cash flow and a year-end cash balance of $90 million. AuRico Gold (NYSE: AUQ ) announced its preliminary fourth-quarter production results - the company reported its 11th consecutive quarter of record gold production from its Young-Davidson gold mine, producing 40,945 ounces, and it also produced 15,638 ounces from the El Chanate mine. What's more, the company said it reported net free cash flow of approximately $9 million in the quarter, and ended 2014 with a cash balance of $90 million - not counting the $20 million due from Crocodile
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