Professional Documents
Culture Documents
Table of Contents
Quarterly Gold Production .................................................................................................................................................................. 3
Quarterly Silver Production ................................................................................................................................................................ 3
Average Gold Grade ................................................................................................................................................................................ 4
Gross Sales ................................................................................................................................................................................................. 4
Price To Sales Ratio ................................................................................................................................................................................ 5
Gross Margin ............................................................................................................................................................................................. 5
Gross Operating Margin ........................................................................................................................................................................ 6
Net Income Per Share ............................................................................................................................................................................ 6
Cash Flow .................................................................................................................................................................................................... 7
Cash Flow Per Share ............................................................................................................................................................................... 7
Price To Cash Flow Per Share ............................................................................................................................................................. 8
Shareholders Equity .............................................................................................................................................................................. 8
Book Value Per Share ............................................................................................................................................................................ 9
Average Weighted Shares Outstanding ........................................................................................................................................... 9
Average Stock Price ............................................................................................................................................................................. 10
Disclosure ............................................................................................................................................................................................... 11
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BULL MARKET
CONDITIONS
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Figure 17
As the company stays on course of protecting against share dilution, growing the cash flow and earnings, it is not
hard to predict the direction of the stock price in the ensuing years
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The 2013 audited consolidated financial statements together with managements discussion and analysis are
available on the corporation's website, and the documents have been filed electronically with SEDAR.
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