Guyana Goldfields Inc.

03:14 PM EST - Guyana Goldfields Inc. : Reported its 2017 full-year financial results. The company saw 160,500 ounces of gold produced, within full year production guidance range. Operating cash costs of $556 per ounce was within guidance range, and all-in sustaining costs of $846 per ounce and operating costs (including depreciation and royalty) of $897 per ounce were slightly above the annual guidance range. The Company's balance sheet continues to strengthen with a year-end closing cash balance of $75.7 million and marketable securities fair value of $41.1 million versus a debt balance of $60.0 million. Guyana Goldfields Inc. shares T.GUY are trading up $0.08 at $4.77.