09:03 AM EST, 01/09/2014 (MT Newswires) -- Allied
Post# of 15
09:03 AM EST, 01/09/2014 (MT Newswires) -- Allied Nevada Gold (ANV, ANV.TO) is up 5% at $4.02 in pre-market after posting its preliminary Q4 and full-year figures.
The company said gold sales in Q4 were up 45% on the previous year, while silver sales rose 64%. For the full year, gold sales came in 59% higher than last year, with silver up 23%.
Production was also higher; Q4 gold production rose 35% vs. last year, and silver rose 61%.
The company says gold and silver sales in 2014 are expected to increase to approximately 230,000 to 250,000 ounces of gold and 1.7 million to 2.0 million ounces of silver. The company also says capital expenditures in 2014 are expected to decrease significantly.
Price: 4.02, Change: +0.19, Percent Change: +4.96
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