Certificati di investimento - Cap. 2 (4 lettori)
- Creatore Discussione giancarlo22
- Data di Inizio
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Eattheapple
Forumer storico
Ahi....
giancarlo22
Forumer storico
A me non sembrano così brutti....
New Gold Announces 2017 Financial Results with 11% Increase in Cash Flow Per Share
CNW GroupFebruary 20, 2018
(All dollar figures are in US dollars unless otherwise indicated)" data-reactid="11">(All dollar figures are in US dollars unless otherwise indicated)
As the Company expects the sale of Peak Mines to close in the first quarter of 2018, Peak Mines has been classified as a discontinued operation. The below operational results are disclosed on a total basis and thus include Peak Mines for 2017 (unless otherwise noted). References to results from continuing operations exclude Peak Mines.
2017 Full Year" data-reactid="14">2017 Full Year
- Full-year gold production of 430,949 ounces (including Rainy River pre-commercial production) was at the high end of the guidance range of 380,000 to 430,000 ounces
- Copper production of 104 million pounds met the guidance range of 100 to 110 million pounds
- Operating expense of $646 per gold ounce and $1.34 per copper pound
- All-in sustaining costs(1) of $727 per ounce, including total cash costs(2) of $403 per ounce, were below the Company's previously lowered guidance range of $760 to $800 per ounce
- Rainy River achieved commercial production in mid-October, ahead of plan
- Cash generated from operations of $342 million
- Cash generated from operations before changes in non-cash operating working capital(3) of $299 million
- Rainy River total carrying value reduced by $181 million
- Net loss of $108 million , or $0.19 per share
- Adjusted net earnings(4) of $49 million , or $0.09 per share
- Year-end cash and cash equivalents of $216 million
2017 Fourth Quarter" data-reactid="28">2017 Fourth Quarter
- Record quarterly gold production of 154,530 ounces and 28 million pounds of copper
- Operating expense of $738 per gold ounce and $1.56 per copper pound
- All-in sustaining costs of $771 per ounce, including total cash costs of $533 per ounce
- Record quarterly cash generated from operations of $119 million
- Cash generated from operations before changes in non-cash operating working capital of $93 million
- Net loss of $196 million , or $0.34 per share
- Adjusted net earnings of $33 million , or $0.06 per share
Mineral Reserves and Resources" data-reactid="38">Mineral Reserves and Resources
- 2017 year-end mineral reserves of 14.8 million ounces of gold, 0.9 billion pounds of copper and 77 million ounces of silver (excludes Peak Mines)
"Together, our five mines delivered very solid operating results in 2017," stated Hannes Portmann , President and Chief Executive Officer. "With production at the high end of guidance and costs below guidance, New Gold generated the highest annual cash flow in our Company's history."
"Despite this record 2017 cash flow, our earnings were impacted by an impairment charge driven by the previously disclosed cost increases at Rainy River . Looking forward, our focus will be building upon our strong 2017 operational results and further optimizing the performance of our mines to deliver on our targeted per share growth in production, EBITDA and free cash flow," added Mr. Portmann.
2017 Financial Results" data-reactid="44">2017 Financial Results
Three months ended December 31
Year ended December 31
(in millions of U.S. dollars, except per share amounts)
2017
2016
2017
2016
CONTINUING OPERATIONS (excludes Peak Mines)
Revenues
$193.5
$140.7
$604.4
$522.8
Operating margin(6)
76.5
46.5
283.4
247.3
Loss from continuing operations
(179.6)
(23.3)
(101.7)
(8.6)
Loss from continuing operations per share (basic)
(0.31)
(0.05)
(0.18)
(0.02)
Adjusted earnings from continuing operations
6.2
1.5
21.3
19.4
Adjusted earnings per share from continuing operations
0.01
0.00
0.04
0.04
Cash generated from continuing operations
91.2
49.1
275.0
225.0
Cash generated from continuing operations before
changes in non-cash operating working capital
64.8
64.6
234.1
245.3
TOTAL OPERATIONS (includes Peak Mines)
Net loss
(195.6)
(22.3)
(108.0)
(7.0)
Net loss per share (basic)
(0.34)
(0.04)
(0.19)
(0.01)
Adjusted net earnings (loss)
32.5
(4.9)
49.3
14.6
Adjusted net earnings (loss) per share
0.06
(0.01)
0.09
0.03
Cash generated from operations
118.9
51.9
342.2
282.2
Cash generated from operations before changes in
non-cash operating working capital
93.0
68.5
299.2
301.8
Continuing Operations" data-reactid="48">Continuing Operations
Fourth quarter revenues from continuing operations increased by $53 million , or 38%, relative to the prior-year quarter, due to higher metal sales volumes and higher gold and copper prices. Relative to the fourth quarter of 2016, gold sales increased by 53%, mainly attributable to the start-up of Rainy River and Mesquite's strong quarter. The average realized gold price increased by $75 per ounce, or 6%, and the copper price increased by $0.23 per pound, or 9%, compared to the prior-year quarter.
New Gold's fourth quarter operating margin increased by $30 million relative to the prior-year quarter due to higher revenues, partially offset by higher operating expenses.
The Company reported a loss from continuing operations of $180 million , or $0.31 per share, in the fourth quarter of 2017 relative to a loss from continuing operations of $23 million , or $0.05 per share, in the prior-year quarter. The fourth quarter loss from continuing operations included the impact of a Rainy River after-tax impairment charge of $181 million , a non-cash pre-tax loss of $17 million on the revaluation of the gold stream obligation, finance costs of $13 million , a $9 million non-cash foreign exchange loss, and a $4 million expense related to the Company's restructuring of its corporate office workforce. The prior-year quarter included the net impact of a non-cash $27 million inventory write-down at Cerro San Pedro, a non-cash pre-tax gain of $11 million on the revaluation of the Company's gold price option contracts, a $5 million pre-tax foreign exchange loss, and a non-cash pre-tax gain of $3 million on the revaluation of the gold stream obligation.
As part of New Gold's annual year-end review, the Company assesses the carrying value of its portfolio of assets. This assessment takes into account, among other things, current commodity prices, current mineral reserves and resources and updated mine plans. On January 16, 2018 , the Company announced higher operating expenses and capital expenditures over Rainy River's first nine years of operations which was identified as an indicator of impairment. As a result, after completing its assessment, the Company has reduced the total carrying value of Rainy River by $181 million .
New Gold had adjusted net earnings from continuing operations of $6 million , or $0.01 per share, in the fourth quarter of 2017 relative to $2 million , or $nil per share, in the prior-year quarter. Quarterly adjusted net earnings from continuing operations were positively impacted by a $53 million increase in revenues, a $19 million decrease in adjusted tax expense, a $4 million decrease in corporate administration, and a $1 million decrease in exploration and business development expenses. This was partially offset by a $47 million increase in operating expenses (with the prior-year operating expense adjusted for a non-cash $24 million inventory write-down at Cerro San Pedro), a $17 million increase in depreciation and depletion, and a $12 million increase in finance costs.
The Company's fourth quarter cash generated from continuing operations before changes in non-cash operating working capital of $65 million was in line with the prior-year period. Cash generated from continu
arkymede74
Forumer storico
Alexreferee11
Forumer storico
Incrementato DE000DM0SL17..ce ne sono ancora diversi a un buon prezzo per me..
Riddick
Nuovo forumer
Sono indeciso su cosa fare con CH0355522795 che ho in portafoglio. Tra ieri e oggi ho visto sul forum che ci sono sia persone che hanno venduto ma anche chi ha comprato.
Adesso c'è denaro a 1020, e il certificato potrebbe callare a 1000 + cedola il 2 marzo, però affichè questo si verifichi ENI dovrebbe guadagnare circa il 4% per raggiungere la soglia call, non lo vedo un evento così probabile, visto il periodo pre elettorale, il certificato potrebbe anche andare avanti per parecchio tempo ancora... non lo so, per adesso lo mantengo, vediamo nei prossimi giorni...
Adesso c'è denaro a 1020, e il certificato potrebbe callare a 1000 + cedola il 2 marzo, però affichè questo si verifichi ENI dovrebbe guadagnare circa il 4% per raggiungere la soglia call, non lo vedo un evento così probabile, visto il periodo pre elettorale, il certificato potrebbe anche andare avanti per parecchio tempo ancora... non lo so, per adesso lo mantengo, vediamo nei prossimi giorni...
Alexreferee11
Forumer storico
Io sono nella tua stessa situazione: ne avevo 35 di cui 20 ieri resi al MM per incrementare il FREXA0006074. È proprio questo il punto, almeno per me: dipende se vuoi cambiare strategia e incrementare o aprire nuove posizioni o vuoi essere "conservativo" in vista delle elezioni. Personalmente attualmente gli "storni" in zona 22.000 sono occasioni interessanti d acquisto..almeno io seguo questa strategia in questo momento..
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