AQG 2019 Results

  • Feb 05, 2020 AEDT
  • Team Kalkine

Gold producer company, Alacer Gold Corp. (ASX: AQG) has released its operating & financial results for the full-year ending on December 31, 2019. Key financial highlights are as mentioned below,

  • Full-year and Normalized attributable earnings were $0.39 per share or $116.3 million and $0.37 per share or $109.9 million, respectively.
  • Debt was $280 million, net debt was $47 million and consolidated cash was $233 million.
  • Gold sales for the entire year was 395,046 ounces, thereby, total gold sales proceeds were $552.5 million.
  • Cash flow from operating activities was $255.2 million and had over $217 million as unlevered free cash flow.
  • Çöpler sulfide plant of the company has cleared the lender’s completion test.



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