The street was at 37 mln in revenue.  Richmont announced 52 mln CAD in revenue.  That’s 41 mln USD.  Thats a 10% plus beat on the topline.  And just look at these cost numbers… they are just out of this world low.  These numbers are just ridiculous.  Look forward to this type of report happening from others over the next couple of quarters.

 

“Cash costs for the quarter at Island Gold were $674 per ounce (US$491 per ounce), a 52% decrease over the prior year period and a 34% decrease over the prior quarter. Company-wide cash costs for the quarter were $806 per ounce (US$587 per ounce), a decrease of 18% over the prior year period and a 22% decrease over the prior quarter.
First quarter revenues were a record $52.6 million at an average realized gold price of $1,629 per ounce (US$1,186 per ounce).”

 

https://goldtadise.com/?p=366569