Seeking Alpha

AuRico Gold output rises Q/Q but at low end of 2013 guidance

  • AuRico Gold (AUQ +0.7%) reports its sixth consecutive quarter of production growth, and says the Young-Davidson and El Chanate operations continue to post in-line results.
  • Young-Davidson averaged 2,590 tons/day from the underground mine in Q4, exceeding the year-end targeted level of 2K tons/day; underground productivity for Q1 2014 is seen remaining in-line with Q4 levels and increasing steadily to reach a target of 4K tons/day by year-end.
  • AUQ says overall FY 2013 gold production totaled 192.6K oz., at the low end of its 190K-220K guidance.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs