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First Quarter Preliminary Sales and Revenue
During the three months ended March 31, 2024, the Company sold approximately 20,300 attributable gold equivalent ounces1 and realized preliminary revenue2 of $42.8 million (28,368 attributable gold equivalent ounces and $44.0 million in revenue for the comparable period in 2023). The Company had preliminary total sales, royalties, and income from other interests1 of $42.8 million for the three months ended March 31, 2024 ($54.0 million total sales, royalties, and income from other interests for the comparable period in 2023).
Preliminary cost of sales, excluding depletion2 for the three months ended March 31, 2024, was $5.7 million resulting in cash operating margins1 of approximately $1,781 per attributable gold equivalent ounce1 ($6.5 million and $1,652 per attributable gold equivalent ounce for the comparable period in 2023, respectively).
Posted In: SAND
