RE:Results outjicoop, Your All-in sustaining costs include the $1.6 million USD cost of care and maintenance at EMIPA and the $1.239 million USD overhead cost of the Toronto corporate office.
The production based AISC at EVBC is running at $708 USD per ounce of gold production and so EVBC is now a LOW COST MINER thanks to higher copper prices and higher silver prices.
Q1 2021 Consolidated Highlights: - Production of 18,398 gold equivalent ounces (14,127 gold ounces, 2.0 million copper pounds and 55,333 silver ounces).
- Revenue of $27.8 million. Average realized gold price per ounce of $1,868 and copper price per pound of $3.29.
- Plus 400k unsold pounds of Cu = $1.3 Million USD in by product revenue at $3.29 copper and 2072 ounces of unsold gold at $1868 USD/oz = $3.87 Million USD.
- Total Gold Dore and Gold copper concentrate valued at $6.89 Million USD as of 12/31/20
- EBITDA of $7.3 million.
- Free cash flow of $5.1 million.
- Cash balance of $15.6 million as at December 31, 2020.
- Sales Based Cash Operating Costs ("COC") and All in Sustaining Costs ("AISC") of $1,051 and $1,467.
- Copper by product revenue of $6.436 Million is second highest quarterly copper revenue
- Silver by product revenue of $1.038 Million USD is 3rd highest quarterly silver revenue.
- EVBC Sales Based COC = $954 USD/oz gold sold, and AISC = $1191 USD/oz Au sold.
- Production Based AISC = $10,005,000 USD/14,127 oz = $708 USD/oz
- Q1 2021 Copper production level is highest quarterly copper production since start of commercial production at EVBC
Selected Q1 2021 EVBC Financial Information | | Q1 2021 | Q4 2020 | Q1 2020 | FY 2020 |
| Operating Performance | | | | |
| Gold | | | | |
| Grade (g/t) | 2.60 | 2.70 | 2.42 | 2.56 |
| Recovery (%) | 92.6 | 93.3 | 92.2 | 93.1 |
| Production (oz) | 14,127 | 13,422 | 15,815 | 53,421 |
| Sales (oz) | 12,085 | 14,784 | 18,663 | 55,344 |
| Average realized price / oz | $1,868 | $1,891 | $1,473 | $1,647 |
| Copper | | | | |
| Grade (%) | 0.63 | 0.58 | 0.36 | 0.45 |
| Recovery (%) | 81.6 | 83.4 | 71.5 | 80.8 |
| Production ('000 lbs) | 2,044 | 1,780 | 892 | 5,611 |
| Sales ('000 lbs) | 1,645 | 1,971 | 1,051 | 5,512 |
| Average realized price / lb | 3.29 | 2.93 | 2.64 | 2.68 |
| Financial Performance (in 000's, except per share amounts) | | | |
| Revenue | $27,815 | $32,586 | $29,020 | $101,994 |
| Mining costs | $17,657 | $22,392 | $26,004 | $82,240 |
| Gross margin | $6,263 | $3,290 | ($2,613) | ($2,114) |
| Net income (loss) | $1,919 | $8,640 | ($2,745) | ($1,592) |
| Net income (loss) per share (basic/diluted) | $0.01 | $0.06 | ($0.02) | ($0.01) |
| EBITDA | $7,282 | $7,255 | $1,515 | $9,544 |
| Operating cash flows before non-cash working capital changes | $7,494 | $4,304 | $2,108 | $8,959 |
| Operating cash flows | $5,087 | $13,392 | $2,176 | $11,435 |
| Free Cash Flow | $5,087 | $602 | $328 | $278 |
| Ending cash and cash equivalents | $15,562 | $15,572 | $8,135 | $15,572 |
| Capital expenditures (2) | $2,407 | $3,702 | $1,780 | $8,681 |
| Cash operating costs (by-product) ($/oz) gold | $1,051 | $1,241 | $1,207 | $1,278 |
| All-in sustaining costs (by-product) ($/oz) gold | $1,467 | $1,609 | $1,370 | $1,582 |
| All-in costs (by-product) ($/oz) gold | $1,518 | $1,643 | $1,382 | $1,614 |