Seeking Alpha

Lake Shore Gold reports Q2 cash costs fell 37% Y/Y

Lake Shore Gold (LSG +3.6%) opens on a strong note after saying Q2 cash costs were ~37% below those of the same quarter a year earlier.

Preliminary cash operating cost/oz. sold for Q2 was ~$570 vs. $908 in the year-ago quarter; AISC/oz. sold in Q2 is expected at ~$810/oz., up 36% from $1,257 in Q2 2013.

Comments (1)
  • User 21055911
    , contributor
    Comment (1) | Send Message
    LSG Should or could have no debt if it wanted to in about 3 quarters with the income cash it is now generating.Wayne
    13 Jul 2014, 10:45 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
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