2023-05-12 01:53:18 ET
- Victoria Gold press release ( OTCPK:VITFF ): Q1 GAAP EPS of C$0.02.
- Revenue of C$96.55M (+62.4% Y/Y) based on sales of 38,201 oz of gold in the quarter.
- Cash costs were C$1,508 ($1,115) per oz of gold sold in the quarter.
- All-in sustaining costs were C$1,921 ($1,420) per oz of gold sold in the quarter.
- EBITDA were C$26.4 million in the quarter, or C$0.41 per share in the quarter.
- Free cash flow deficiency was C$15.1 million, or C$0.23 per share in the quarter.
- Cash and cash equivalents were C$23.6 million at March 31, 2023 after net draw of C$11.3 million against the Company’s debt facilities for the year.
- Mine production was 2.2 million tonnes of ore in the quarter.
- Ore stacked on the heap leach facility in the quarter was 2.1 million t at an average grade of 0.86 grams per tonne.
- Gold production was 37,619 ounces in the quarter.
For further details see:
Victoria Gold GAAP EPS of C$0.02, revenue of C$96.55M