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Above-plan performance nearly triples Argonaut’s Q1 headline earnings

Mexico-focused miner Argonaut Gold has reported better-than-planned results for the three months ended March 31, as a mine plan adjustment at the El Castillo operation pushed output above plan, while the company foresees additional production from the San Augustin project coming on line during the second half of the year.
During the quarter, the Toronto-based company has tripled adjusted earnings per share to $0.03, comfortably beating analyst forecasts for earnings of $0.01 a share.