BRIEF-New Gold Reports Q1 Loss Per Share Of $0.02 From Continuing Operation

Intermediate Gold Producer

Mexico, Canada, Australia, Brazil & Alaska

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BRIEF-New Gold Reports Q1 Loss Per Share Of $0.02 From Continuing Operation

posted on Apr 25, 2019 06:45AM

2019-04-25 06:39:05 AM ET (Reuters)

April 25 (Reuters) - New Gold Inc:

* NEW GOLD REPORTS FIRST QUARTER FINANCIAL RESULTS

* Q1 ADJUSTED EARNINGS PER SHARE $0.00 FROM CONTINUING OPERATIONS EXCLUDING ITEMS

* Q1 LOSS PER SHARE $0.02 FROM CONTINUING OPERATIONS

* Q1 REVENUE $167.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $152.2 MILLION

* Q1 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES DATA

* ON-TRACK TO MEET ANNUAL GUIDANCE

* QTRLY GOLD EQUIVALENT PRODUCTION OF 123,263 OUNCES VERSUS 119,075 OUNCES

* ALL-IN SUSTAINING COSTS OF $1,083 PER GOLD EQUIVALENT OUNCE IN QUARTER, ON TRACK TO MEET ANNUAL GUIDANCE OF $1,330 TO $1,430

* SEES 2019 GOLD EQUIVALENT PRODUCTION 465,000 OUNCES – 520,000 OUNCES Source text for Eikon: Further company coverage:

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