09:45 AM EST - Alacer Gold Corp. : Has filed its 2020 first-quarter operating and financial results and related management's discussion and analysis Gold production was 87,863 ounces in Q1 2020 which is on track to meet 2020 guidance with 62,800 ounces produced from the sulfide plant and 25,063 ounces produced from the oxide plant. Attributable Q1 2020 earnings were $48.6 million or $0.16 per share with normalized attributable earnings of $28.4 million or $0.10 per share. The Company ended the first quarter with consolidated cash of $239 million, debt of $262 million, resulting in net debt of $23 million. Gold sales in Q1 2020 were 89,604 ounces resulting in revenue of $142.3 million and cash flow from operating activities of $63.4 million. Alacer Gold Corp.
shares T.ASR are trading down $0.40 at $6.95.
