St Andrew Goldfields Q4 Earnings Drop Despite Production Increase

Mining Weekly reported that St Andrew Goldfields (SAS) has reported a drop in 0f 2.3 percent in fourth-quarter net earnings, year-over-year, despite an increase to production.

As quoted in the market report:

Full-year income rose by 51% to $26-million or $0.07 a share, as compared with $17.2-million or $0.05 a share in 2011. For 2012, SAS generated $54.1-million in cash flow from operations, which was an increase of 131.19% year-on-year, compared with $23.4-million or $0.06 a share in 2011.

To view the whole Mining Weekly report, click here. 

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold Mine Development
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply