Evolution Mining Produced 170,890 ounces of Gold in December 2019 Quarter

  • Jan 10, 2020 AEDT
  • Team Kalkine

Evolution Mining Limited (ASX:EVN) has provided preliminary December 2019 quarter results.

Key highlights are:

  • The total gold production stood at 170,890 ounces at an All-in Sustaining Cost (AISC) of $ 1,069 per ounce;
  • Group mine operating cashflow stood at $233.1 million and net mine cashflow stood at $144.0 million;
  • The company achieved gold price of $2,091 per ounce compared to current spot gold price of $2,267 per ounce;
  • The company ended the quarter debt free and with cash at bank of $170.3 million after repaying outstanding bank debt of $275.0 million.

At AEST 12:58PM, the stock was trading at $3.465 per share, down by 9.055% from its previous close.

 

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK