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BRIEF-Torex Q3 net loss totalled $0.02 per share

Published 2017-11-09, 06:18 a/m
© Reuters.  BRIEF-Torex Q3 net loss totalled $0.02 per share
TXG
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Nov 9 (Reuters) - Torex Gold Resources Inc TXG.TO

* Torex reports third quarter 2017 financial and operational results

* Qtrly mine production in quarter, 8,686 kt, averaged 94,413 tpd, an increase of 4% over prior quarter

* Qtrly net loss totalled $0.02 per share

* Torex Gold Resources - discussions are underway with Federal Police (Gendarmerie) to provide security personnel to ELG mine site in Mexico

* Says revenue totalled $100.5 million and cost of sales totalled $83.4 million, or $1,066 per ounce of gold sold for quarter

* Torex Gold Resources Inc - expect ELG mine site blockade to be resolved in "near term"

* Q3 earnings per share view $0.18, revenue view $109.5 million -- Thomson Reuters I/B/E/S

* Torex Gold Resources Inc - with recent ELG site blockade, company is expecting to produce less than 300,000 ounces of gold for 2017

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