TSX:ORV - Post Discussion
Post by
JUANTOTHESTARS2 on Jul 17, 2024 6:56pm
Q3 financials estimate revenue
1. Gold Equivalent Production Calculation
Gold equivalent ounces (GEO) are provided directly:
2. Revenue Estimation
We'll estimate revenue by multiplying the gold equivalent ounces produced by the average market price for each metal.
Prices:
- Gold: $2,337.99/oz
- Silver: $28.86/oz
- Copper: $4.42/lb
Production for Q3 FY2024:
- Gold: 10,832 oz
- Silver: 30,872 oz
- Copper: 986,000 lbs (or 986 tons)
Revenue Calculation:
-
Gold Revenue:
Gold Revenue=10,832oz×$2,337.99/oz=$25,311,565.28 -
Silver Revenue:
Silver Revenue=30,872oz×$28.86/oz=$892,145.52 -
Copper Revenue:
Copper Revenue=986,000lbs×$4.42/lb=$4,357,320
Total Revenue:
Total Revenue=$25,311,565.28+$892,145.52+$4,357,320=$30,561,030.80 These calculations provide a rough estimate of financial performance for Q3 FY2024. For precise forecasting, you should adjust based on exact cost structures, market conditions, and any other financial data available.
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