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BRIEF-Alacer Gold Posts Q1 Adjusted Earnings Per Share $0.06

Published 2019-04-30, 07:22 a/m
© Reuters.  BRIEF-Alacer Gold Posts Q1 Adjusted Earnings Per Share $0.06
ASR
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April 30 (Reuters) - Alacer Gold Corp ASR.TO :

* ALACER GOLD ANNOUNCES FIRST QUARTER 2019 RESULTS WITH NORMALIZED EARNINGS PER SHARE OF $0.06

* Q1 ADJUSTED EARNINGS PER SHARE $0.06

* Q1 EARNINGS PER SHARE ESTIMATE $0.07 -- REFINITIV IBES DATA

* ON TRACK TO MEET FULL YEAR GOLD PRODUCTION GUIDANCE OF 320,000 - 380,000 OUNCES FROM TWO PRODUCING PLANTS

* GOLD PRODUCTION WAS 89,354 OUNCES IN Q1 2019

* RAMP UP OF SULFIDE PLANT CONTINUED THROUGH Q1 AND EXPECTED TO IMPROVE QUARTER ON QUARTER THROUGH 2019

* SULFIDE PLANT PRODUCED 36,933 OUNCES OF GOLD FROM SULFIDE ORE IN Q1 2019

* SOLD 91,044 OUNCES OF GOLD IN Q1 RESULTING IN GOLD SALES PROCEEDS OF $119 MILLION

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