FTMNF - Lundin Gold Non-GAAP EPS of $0.25 revenue of $216.47M misses by $13.82M
Lundin Gold press release (OTCPK:FTMNF): Q1 Non-GAAP EPS of $0.25. Revenue of $216.47M (+54.6% Y/Y) misses by $13.82M. The Company sold a total of 119,282 oz of gold, consisting of 75,928 oz of concentrate and 43,354 oz of doré at an average realized gold price of $1,862 per oz for total gross revenues from gold sales of $222.1 million. Gold production was 121,665 oz, comprised of 78,601 oz of concentrate and 43,064 oz of doré. The company's production guidance of 405,000 to 445,000 oz and AISC of $860 to $930 for 2022 remain unchanged.
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Lundin Gold Non-GAAP EPS of $0.25, revenue of $216.47M misses by $13.82M