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BRIEF-Ascendant Resources Reports First Quarter Results

Published 2019-05-08, 06:06 p/m
BRIEF-Ascendant Resources Reports First Quarter Results
ASND
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May 8 (Reuters) - Ascendant Resources Inc ASND.TO :

* ASCENDANT RESOURCES REPORTS STRONG OPERATIONAL START TO 2019 WITH FIRST QUARTER RESULTS

* ASCENDANT RESOURCES INC - COMPANY EXPECTS METAL PRODUCTION TO RAMP UP DURING SECOND HALF OF YEAR

* ASCENDANT RESOURCES INC - QTRLY CONTAINED METAL PRODUCTION OF 23.4 MILLION ZNEQ LBS, UP 9% VERSUS Q1 2018

* ASCENDANT RESOURCES INC - QTRLY AISC OF $1.30/ZNEQ LB SOLD, A 3% REDUCTION FROM Q1 2018

* ASCENDANT RESOURCES INC - QTRLY NET LOSS OF $2.41 MILLION AND A LOSS PER SHARE OF $0.03

* ASCENDANT RESOURCES INC - IN Q1/19, COMPANY GENERATED REVENUES OF $17.78 MILLION

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