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AuRico Gold reports record gold production, $9M positive net free cash flow

Jan. 14, 2015 9:57 AM ETAuRico Gold (AUQ) StockBy: Carl Surran, SA News Editor1 Comment
  • AuRico Gold (NYSE:AUQ +1.5%) reports its 11th consecutive quarter of record gold production from its Young-Davidson mine as well as annual consolidated results that are in-line with guidance levels.
  • Consolidated results show ~224K oz. of gold estimated to have been produced in 2014.
  • AUQ says its year-end cash balance totaled ~$90M, and that Q4 net free cash flow from Young-Davidson was ~$9M.
  • Also says it received C$20M from the recently restructured royalty arrangement with Crocodile Gold.

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