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BRIEF-New Gold Reports Q2 Loss Per Share Of $0.52 From Continuing Operations

Published 2018-07-25, 09:14 p/m
© Reuters. BRIEF-New Gold Reports Q2 Loss Per Share Of $0.52 From Continuing Operations
NGD
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July 25 (Reuters) - New Gold Inc NGD.TO :

* NEW GOLD ANNOUNCES 2018 SECOND QUARTER RESULTS AND UPDATES 2018 OUTLOOK

* Q2 LOSS PER SHARE $0.52 FROM CONTINUING OPERATIONS

* Q2 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS I/B/E/S

* Q2 GOLD PRODUCTION OF 108,550 OUNCES AND COPPER PRODUCTION OF 20.4 MILLION POUNDS

* ANNUAL CONSOLIDATED COPPER PRODUCTION REMAINS IN LINE WITH ORIGINAL GUIDANCE RANGE OF 75 TO 85 MILLION POUNDS

* EXPECTS ITS CONSOLIDATED 2018 ALL-IN SUSTAINING COSTS TO BE BETWEEN $1,080 TO $1,120 PER OUNCE

* SEES UPDATED 2018 OUTLOOK 415,000 TO 480,000 OUNCES OF GOLD PRODUCTION

* EXPECTS CONSOLIDATED 2018 OPERATING EXPENSE TO BE BETWEEN $655 TO $695 PER GOLD OUNCE

* EXPECTS FY 2018 TOTAL CASH COSTS TO BE BETWEEN $445 TO $485 PER OUNCE

* NEW GOLD EXPECTS ITS CONSOLIDATED 2018 ALL-IN SUSTAINING COSTS TO BE BETWEEN $1,080 TO $1,120 PER OUNCE

* QTRLY REVENUES $195.3 MILLION VERSUS $143.8 MILLION LAST YEAR

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