03:44 PM EST - Avion Gold Corporation : announced its financial results for the first quarter ended March 31, 2011. All amounts are in United States dollars unless otherwise indicated. The Company had earnings of $8.3 million, or $0.02 per share for the quarter as compared to $700,000 in earnings, or $0.00 per share for the comparable quarter last year. Avion achieved revenues of $27.5 million this quarter compared to $19.5 million for the comparable quarter last year, representing a 29% increase. Avion Gold Corporation
shares T.AVR are trading down $0.07 at $1.51.
