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Contango FY24 EPS $(3.49) Vs $(5.61) YoY

Benzinga Newsdesk 1 year ago

EarningsNews

This includes a non-cash expense of $34.3 M from an unrealized loss on derivative contracts, based on forward gold prices and contracted hedge price. The Company also incurred $4.1 M in exploration expenditures,

This includes a non-cash expense of $34.3 M from an unrealized loss on derivative contracts, based on forward gold prices and contracted hedge price. The Company also incurred $4.1 M in exploration expenditures, primarily related to the Johnson Tract drilling program.

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