Allied Nevada Gold Corp Announces Q3 Net Income of $13.4 Million or $0.15 Per Share

Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) announced their results from Q3, including had net income of $13.4 million or $0.15 per share,compared with $14.7 million or $0.16 per share in the third quarter of 2011.

As quoted in the press release:

Net income in the third quarter of 2012 was impacted by increased interest expense of $7.9 million (compared with $0.1 million in 2011) as a result of the May 2012 issuance of the senior unsecured notes. These costs were partially offset by lower exploration, development and land holding costs.

To view the whole press release, click here.