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Silver Range Resources: A hidden gem in the mining industry (click to learn more)
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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

AMREP Corp > 2nd Qtr Earnings Report
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Post by oldethanwiseron Aug 12, 2020 8:22pm
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Post# 31400991

2nd Qtr Earnings Report

2nd Qtr Earnings Report "Keno Hill is expected to produce an average of (Page 4 of 4) approximately 4 million ounces of silver per year contained in high quality lead/silver and zinc concentrates."

https://www.alexcoresource.com/site/assets/files/4431/2020_q2_results_-_final_clean.pdf

Someone please check my math:

4,000,000 ounces of silver per year @ $30/oz = $120M

Can someone provide the AISC and calculate profit?
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