The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Primero's Earnings Beat Expectations
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STEVEN GREEN, TD Newcrest
(02/25/2011)
"Earnings were above our estimates; largely a function of sales coming in above production and lower-than-expected SG&A, interest and taxes. . .Based on silver sales delivered into the silver purchase agreement to date, the company expects to start receiving spot silver price for 50% of its silver sales in Q211. We believe this could be a positive catalyst for the stock, as we expect a significant boost to earnings in Q2 and Q3, as a result. Primero expects to sell 500–750 Koz. silver at spot silver prior to the Aug 6, 2011 reset date for the agreement." |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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