BRIEF-Torex Gold Resources Q2 Adjusted Earnings Per Share $0.04

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Torex Gold Resources Inc. is a well funded, growth oriented Canadian mining company engaged in the exploration and development of precious metal resources with a focus on gold.

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BRIEF-Torex Gold Resources Q2 Adjusted Earnings Per Share $0.04

posted on Aug 05, 2020 07:18AM

2020-08-05 06:14:30 AM ET (Reuters)

Aug 5 (Reuters) - Torex Gold Resources Inc:

* TOREX GOLD ANNOUNCES STRONG Q2 2020 FINANCIAL RESULTS AND UPDATED GUIDANCE

* Q2 ADJUSTED EARNINGS PER SHARE $0.04

* Q2 EARNINGS PER SHARE $0.04

* 63,147 OUNCES OF GOLD SOLD AT AN AVERAGE REALIZED GOLD PRICE OF $1,712 PER OUNCE IN QUARTER

* IN QUARTER PRODUCED 59,508 OUNCES OF GOLD INCLUDING 38,892 OUNCES IN JUNE

* LOWER GUIDED OUTPUT AND HIGHER COSTS EXPECTED IN FY

* SEES 2020 GOLD PRODUCTION OF 390,000 TO 420,000 OUNCES

* SEES 2020 TOTAL CASH COSTS PER OUNCE OF GOLD SOLD $695 TO $740

* SEES 2020 ALL-IN SUSTAINING COSTS PER OUNCE OF GOLD SOLD $965 TO $1,025

* Q2 EARNINGS PER SHARE VIEW $-0.07 -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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