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- May 9, 2025 at 10:27 am
These stocks really rockin, EQX a bit of a laggard but just reported good numbers for Q1<b>Operational</b>
- Produced 145,290 ounces of gold<sup>(1)</sup>
- Sold 147,920 ounces of gold<sup>(1) </sup>at an average realized gold price of $2,858 per oz
- Total cash costs of $1,769 per oz and AISC of $2,065 per oz<sup>(2)</sup>
- Total cash costs of $1,637 per oz and AISC of $1,979 per oz, excluding the results from Los Filos that were excluded from 2025 Guidance
- Two lost-time injuries and a total recordable injury frequency rate<sup>(3)</sup> of 1.95 for the rolling 12-month period (1.07 for the Quarter)
- No significant environmental incidents during the Quarter
<b>Earnings</b>
- Income from mine operations of $33.7 million
- Net loss of $75.5 million or $0.17 per share (basic)
- Adjusted net loss of $36.6 million or $0.08 per share<sup>(2)</sup>
<b>Financial</b>
- Cash flow from operations before changes in non-cash working capital of $73.3 million ($54.5 million after changes in non-cash working capital)
- Mine-site free cash flow before changes in non-cash working capital of $57.7 million ($38.8 million after changes in non-cash working capital)
- Adjusted EBITDA of $137.9 million<sup>(2)</sup>
- Sustaining expenditures of $42.9 million and non-sustaining expenditures of $49.4 million
- Cash and equivalents (unrestricted) of $172.9 million at March 31, 2025
- Net debt<sup>(2)</sup> of $1,220.0 million at March 31, 2025