AUY reports the following for Q2 :
Sales Actual $430.5 million, expectation $484.64 million
EPS Actual 7 cents, expectation 10 cents
Gold Equivalent Ounce $950 which is all-in cost is lower by $64 per ounce from Q1 2013
Gold production is 295,545 sequential improvement of 2% from Q1 2013.
Cash flow from operation $195.4 million
Overall a good operating report in current environment based on Y/Y gold prices
AH trade $10.45 closed @ $10.50
Conference call @ 830 AM Thursday.
BLOG does NOT give buy or sell.
Saleem
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