Tuesday, June 11, 6:27 PM
AuRico Gold (AUQ) Executive Chairman Colin Benner will resign for health reasons effective July 1, as Lead Director Ron Smith serves as non-executive Chairman. Benner had served as Chairman since 2010 but took a leave of absence in April.
Comment![Commodities]
Tuesday, March 26, 3:53 PM
AuRico Gold (AUQ -8.2%) plunges after reporting soft Q4 gold production and a modest production forecast for the year. Gold ounces produced fell to 40.7M for Q4 from 72.1M in the year-ago quarter, and sees 2013 gold production at 190M-220M oz. vs. 250.5M produced in 2012. AUQ had warned earlier that late-2012 production would suffer following a mining accident at its El Chanate mine in Mexico.
1 Comment[Commodities, Earnings, On the Move]
Tuesday, March 26, 7:20 AMAuRico Gold (AUQ) declares its first-ever quarterly dividend of $0.04/share. Forward yield 2.41%. For shareholders of record Apr. 04. Payable Apr. 18. Ex-div date Apr. 02. (PR)
1 Comment[Dividends]
Tuesday, March 26, 6:05 AMAuRico Gold (AUQ): Q4 EPS of $0.05 in-line. Revenue of $63.1M misses by $8.2M. (PR)
1 Comment[Earnings, Breaking News]
Monday, March 25, 12:10 AM
Notable earnings after Monday’s close: AUQ, FMCNComment![Earnings]
Sunday, March 24, 5:35 PM
Notable earnings after Monday’s close: AUQ, FMCNComment![Earnings]
Thursday, February 21, 10:16 AMAuRico Gold (AUQ) board approves annual dividend of $0.16/share payable quarterly for FY13. Later, the company plans to pay 20% of OCF generated in preceding quarter divided by outstanding shares. (PR)
Comment![Dividends]
Friday, January 18, 8:34 AM
AuRico Gold (AUQ) reports Q4 gold production of 41.1K oz., and full-year 2012 gold production of 127.2K oz., at the low end of prior guidance of 125K-140K oz. Cash costs were $545-$565/oz., above guidance of $483-$548/oz. Expects 2013 gold production of 190K-220K oz. and cash costs at $540-$620/oz.
Comment![Commodities]
Tuesday, December 18, 2012, 10:18 AM
AuRico Gold (AUQ -2.7%) is downgraded to Market Perform at BMO Capital, which says shares now trade at a premium to the firm's mid-tier gold stocks. The recent sale of Ocampo and the application of the proceeds to reduce debt and buy back shares de-risks the company profile, while increasing the importance of a successful ramp-up of Young-Davidson.
Comment![Commodities, Quick Ideas, On the Move]
Monday, December 17, 2012, 9:28 AM
AuRico Gold (AUQ) +3.6% premarket on plans to buy back up to 300M shares via a modified Dutch auction at a price of $8.30-$9.30/share. The move follows AUQ's receipt of $750M in gross proceeds relating to the recent sale of the Ocampo mine.
2 Comments[Commodities, On the Move]
tippycanoes: I accumulate it under 8.... got a decent position already. Young davidson is loaded.
1/5/12
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The_American I'm liking the Gold Mining Industry consolidation. Lots of money to be made with the GDXGDXJNUGTAUQ I also think HL is cheap & pays DIVY
12/17/11
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AlphaVolume: HL traded at $5.50 when silver was at $12.... SLW also has 1.5% dividend and much better growth than HL.
12/18/11
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The_American: SLW collects royalties as well If I'm betting which I am HL would be a cheaper buy and a better bang ffor the buck
12/18/11
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johnybutts Any idea what the hangup on AUQ is? It's underperforming the miners pretty well.
12/16/11
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Rocket Robin: It didn't reach 2008's level yet, like some other miners. Some allready hitted the bottom of 2008. Would expect it in the 4-5$ area soon.
12/16/11
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tippycanoes: Still hung up on the northgate buy id guess. I want in but not yet...Ill start legging in soon. The young davidson mine looks good to me.
12/16/11
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tippycanoes AUQ...any news? Stock has alittle more volume than usual and is climbing slowly.
12/12/11
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johnybutts: It's also underperformed the other miners for the last month. revision toward the mean?
12/12/11
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losbronces: Thats another possibility. You never know with small miners.