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BRIEF-SILVER STANDARD REPORTS QTRLY ADJ SHR OF $0.26

Published 2017-02-23, 05:45 p/m
© Reuters. BRIEF-SILVER STANDARD REPORTS QTRLY ADJ SHR OF $0.26
SSRM
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Feb 23 (Reuters) - Silver Standard Resources Inc SSO.TO :

* SILVER STANDARD REPORTS FOURTH QUARTER AND YEAR-END 2016 RESULTS

* SILVER STANDARD RESOURCES INC QTRLY NET EARNINGS OF $12.1 MILLION OR $0.10 PER SHARE AND ADJUSTED NET EARNINGS OF $30.8 MILLION OR $0.26 PER SHARE

* SILVER STANDARD -Q4 PRODUCTION WAS 110,130 GOLD EQUIVALENT OUNCES AT CASH COSTS OF $625 AND AISC OF $845 PER PAYABLE GOLD EQUIVALENT OUNCE SOLD

* EXPLORATION AND DEVELOPMENT EXPENDITURES ARE FORECAST AT $18 MILLION FOR 2017

* SILVER STANDARD RESOURCES INC SEES 2017 MARIGOLD MINE GOLD PRODUCTION 205,000 - 215,000 OZ

* SILVER STANDARD RESOURCES - EXPECT TO INCUR ABOUT $6 MILLION RELATED TO REMEDIATION OF MINING AREAS IN 2017, MAINLY ON SURFACE WATER CONTROL MEASURES

* SILVER STANDARD -IN 2017, ON A CONSOLIDATED BASIS AT MID-POINT OF GUIDANCE, EXPECT TO PRODUCE 355,000 GOLD EQUIVALENT OUNCES Source text for Eikon: ID:nCNWVTPBVa Further company coverage: SSO.TO

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