Argonaut Gold Announces Third Quarter 2018 Operating and Financial Results


TORONTO, Nov. 8, 2018 /CNW/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to report its financial and operating results for the third quarter ended September 30, 2018.  The Company’s quarterly cash flow from operating activities was $10.9 million before changes in operating working capital, with revenue of $41.3 million, a net loss of  $2.7 million or loss per share of $0.02, an adjusted net loss1 of $1.0 million or adjusted loss per share1 of $0.01 and production of 34,165 gold equivalent ounces2 (“GEO” or “GEOs”).  All dollar amounts are expressed in United States dollars, unless otherwise specified (C$ refers to Canadian dollars).

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