Edition:
India

First Majestic Reports Q1 Results


Thursday, 9 May 2019 

May 9 (Reuters) - First Majestic Silver Corp ::FIRST MAJESTIC REPORTS FIRST QUARTER FINANCIAL RESULTS.Q1 REVENUE ROSE 48 PERCENT TO $86.8 MILLION.Q1 ADJUSTED LOSS PER SHARE $0.01 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $0.01.Q1 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES DATA.QTRLY SILVER EQUIVALENT PRODUCTION OF 6.3 MILLION OUNCES, DOWN 3% COMPARED TO Q4 2018.QTRLY PURE SILVER PRODUCTION OF 3.3 MILLION OUNCES, UP 2% COMPARED TO Q4 2018.QTRLY REALIZED AVERAGE SILVER PRICE OF $15.73 PER OUNCE.COSTS ARE EXPECTED TO TREND LOWER IN SECOND HALF OF 2019 DUE TO HIGHER PRODUCTION LEVELS AT VARIOUS OPERATIONS.ALL-IN SUSTAINING COST PER OUNCE IN Q1 WAS $12.91, COMPARABLE TO $12.83 PER OUNCE IN PREVIOUS QUARTER.QTRLY CASH FLOW PER SHARE WAS $0.12 PER SHARE (NON-GAAP). 

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