Coeur d'Alene Mines misses by $0.12, misses on revs
- Reports Q3 (Sep) loss of $0.10 per share, excluding non-recurring items, $0.12 worse thanthe Capital IQ Consensus of $0.02; revenues rose 1.5% year/year to $176 mln vs the $185.09 mln Capital IQ Consensus.
- Coeur's 2017 production guidance remains unchanged from the revised guidance published October 5, 2017.
- 2017 Cost Outlook
- AISC per AgEqOz prior: $15.75 - $16.25 (60:1) $14.25 - $14.75 (70:1) current: $16.25 - $16.75 (60:1) $14.75-$15.25 (70:1)
- "During the third quarter, the Company delivered higher production and cash flow, lower costs, and realized key objectives at several major, multi-year growth projects," said Mitchell J. Krebs, Coeur's President and Chief Executive Officer. "Palmarejo and Wharf were the strongest performers during the quarter, delivering strong production growth and generating combined free cash flow of nearly $25 million."
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