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Torex Gold Resources Inc.

10:46 AM EST - Torex Gold Resources Inc. : Reports the Company’s financial and operating results for the three months ended September 30, 2019. All results in U.S. dollars unless specified otherwise. Record gold production of 138,145 ounces was more than 20% higher than the previous record set earlier in the year. Throughput averaged 12,380 tpd in the quarter, 6% higher than the previous quarter, including 13,561 tpd in September. The mines continued the strong performance demonstrated throughout the year, with an average of 15,391 tpd of ore mined in the quarter. Total cash costs in the quarter were $561 per ounce and all-in sustaining costs were $675 per ounce. As would be expected, the production and cost performance, aided by the rising gold price, resulted in excellent quarterly earnings of $0.32 per share ($0.36 per share adjusted) and excellent cash flow from operations of over $120 million Torex Gold Resources Inc.
shares T.TXG are trading up $0.36 at $17.44.