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Reuters reported that higher gold prices boosted profits for Primero Gold (TSX:P).
Reuters reported that higher gold prices boosted profits for Primero Gold (TSX:P).
As quoted in the market news:
The price of gold averaged more than $1,700 an ounce in the quarter, up roughly 35 percent from a year earlier. Toronto-based Primero reported the net income at 40 cents a share, compared with a loss of 68 cents a share, last year.