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Premier Reports Second Quarter Results with Record Earnings of $0.07 per share
Aug. 09, 2017 08:56AM PST
Precious MetalsPREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce its operational and financial results for the second quarter ended June 30, 2017. The Company previously released on July 18, 2017 its gold production results of 37,617 ounces for the second quarter. Operating results for the second quarter contributed to an EBITDA of …
PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce its operational and financial results for the second quarter ended June 30, 2017. The Company previously released on July 18, 2017 its gold production results of 37,617 ounces for the second quarter. Operating results for the second quarter contributed to an EBITDA of $31.4 million (US$23.5 million) and net income of $14.6 million (US$10.9 million) or $0.07/share (US$0.05/share).
As quoted in the press release:
Ewan Downie, President and CEO stated, “We continue to realize strong production performance and record earnings since the beginning of our mining operations. The resulting cash flow allows us to aggressively pursue multiple development opportunities within the Company’s portfolio of advanced projects without additional financing”.
