TORONTO, ONTARIO -- (Marketwired) -- 05/03/16 -- Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce its financial and operating results for the first quarter ended March 31, 2016. All dollar amounts are expressed in United States dollars, unless otherwise specified.
---------------------------------------------------------------------------- 1st Quarter Change ------------------------ 2016 2015 ---------------------------------------------------------------------------- Financial Data (in millions except earnings per share) ---------------------------------------------------------------------------- Revenue $35.3 $51.0 (31%) ---------------------------------------------------------------------------- Gross profit $8.9 $6.8 31% ---------------------------------------------------------------------------- Net income $4.3 $1.5 187% ---------------------------------------------------------------------------- Earnings per share - basic $0.03 $0.01 200% ----------------------------------------------------------------------------