Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Leagold Mining Corp    LMC   CA52176A2056

LEAGOLD MINING CORP

(LMC)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Leagold Mining : achieves higher gold production with 2018 acquisitions

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/16/2019 | 03:53am EDT

Leagold Mining produced 302,550 oz. gold in 2018 from its four operating mines at C$974 all-in sustaining costs (AISC) for a $83.2 million AISC margin.

The company brought in $376.5 million in revenue for a net income of $15.2 million, up from a $7.5 million net loss the year before.

The company achieved adjusted earnings before interest, taxes, depreciation and amortization of $89.5 million in 2018 and ended the year with $53 million in cash.

Leagolds results include the Brazilian operations added with its Brio Gold acquisition in May 2018: the RDM, Fazenda and Pilar gold mines.

More than half the companys 2018 gold production came from its Los Filos gold mine in Mexico, which produced 195,362 oz. gold last year. Its next leading producer was the Fazenda gold mine in Brazil, which produced 46,668 oz. gold in 2018.

The companys lowest producing mine in 2018 was RDM, which produced 29,398 oz. gold. The company attributed the lower production at RDM to a six week shut down in 2018s fourth quarter caused by regional drought conditions. As a result, RDM produced less than 5,000 oz. gold in 2018s fourth quarter, compared to 16,596 oz. gold in the previous quarter. The company says water in its reservoir has been building over the regions rainy seasonNovember through Marchand expects the mine to operate in stable condition in 2019.

Recently, the company tabled an expansion feasibility study for Los Filos that proposes developing the projects underground Bermejal mine, enlarging the Los Filos open pit, re-phasing the Bermejal open pit into two separate sections and building a 4,000 tonne per day carbon in leach plant to support the existing heap leach facilities.

The expansion has a $180 million capital cost. It has a $679 million after tax net present value at a 5% discount rate and an 86% after-tax internal rate of return.

(c) 2019 The New Times Publications S.A.R.L All rights reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LEAGOLD MINING CORP
05/07LEAGOLD MINING : Announces Q1 2019 Results, Including AISC of $927/oz and AISC M..
AQ
05/07LEAGOLD MINING : Announces Results of AGM Voting
AQ
05/03LEAGOLD MINING : Refinances With New Long-Term Debt and Announces Fully-Funded G..
AQ
05/01LEAGOLD MINING : Refinances With New Long-Term Debt and Announces Fully-Funded G..
PR
04/03LEAGOLD MINING : Reports Q1 2019 Production in Line With Guidance
AQ
03/16LEAGOLD MINING : achieves higher gold production with 2018 acquisitions
AQ
03/14LEAGOLD MINING : Announces 2018 Earnings, Including AISC of $974/oz and AISC Mar..
PR
03/12LEAGOLD MINING : Files Los Filos Mine Expansion Feasibility Study; Increases Net..
AQ
03/05LEAGOLD MINING : Reports Two Fatalities at Fazenda Mine
AQ
03/03LEAGOLD MINING : Reports Two Fatalities at Fazenda Mine
AQ
More news
Financials ($)
Sales 2019 535 M
EBIT 2019 -
Net income 2019 49,6 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 5,71
P/E ratio 2020 11,55
Capi. / Sales 2019 0,60x
Capi. / Sales 2020 0,55x
Capitalization 318 M
Chart LEAGOLD MINING CORP
Duration : Period :
Leagold Mining Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LEAGOLD MINING CORP
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 2,65 $
Spread / Average Target 137%
EPS Revisions
Managers
NameTitle
Neil Woodyer Chief Executive Officer & Director
Frank Giustra Chairman
Adriaan A. Roux Chief Operating Officer
Harpreet Dhaliwal Chief Financial Officer & Vice President-Finance
Doug Reddy Senior Vice President-Technical Services
Sector and Competitors
1st jan.Capitalization (M$)
LEAGOLD MINING CORP-13.29%318
NEWMONT MINING CORPORATION-9.61%25 933
BARRICK GOLD CORP-12.48%20 976
NEWCREST MINING LIMITED23.21%14 201
POLYUS PAO--.--%10 241
AGNICO EAGLE MINES LTD-1.76%9 634