Acacia Mining Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2019; Affirms Group Production Guidance for the Year 2019
April 25, 2019 at 11:30 am IST
Acacia Mining plc announced unaudited earnings results for the first quarter ended March 31, 2019. Revenue was $138,138,000 compared to $156,517,000 a year ago. Net loss was $6,806,000 or 1.7 cents per basic share compared to net earnings of $156,517,000 or 12.2 cents per basic share a year ago.
The company remains on track to achieve Group production guidance for the year 2019 of 500,000 to 550,000 ounces at
an AISC of $860 to $920 per ounce.