US Editioni-80 Posts Q2 Net Loss Of $30.2 Million As Development Continues
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i-80 Posts Q2 Net Loss Of $30.2 Million As Development Continues
i-80 Gold (TSX: IAU) is the latest name to report their second quarter financial results, posting topline revenue of $27.8 million, which was a 287.5% improvement over the $7.2 million in revenue recorded in the year ago period. The figure follows gold sales of 8,400 ounces at an average price of $3,301 per ounce. That however is where the good news ends from a financial perspective, with cost of sales growing from $19.4 million to $26.5 million…
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