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For the nine months ended 30 September 2019, Golden Queen Mining Consolidated Ltd revenues decreased 35% to $26.5M. Net loss increased from $8.5M to $36.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects General and administrative expenses increase of 54% to $4.6M (expense), Gain (loss) on derivative instruments decrease from $204K (income) to $274K
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 0 | 9.54 | 16.98 | 17.48 |
Gross Profit | 0 | 0.71 | 2.13 | 8.6 |
Operating Income | -0.31 | -33.07 | 0.24 | 6.59 |
Net Income | -0.28 | -34.15 | -2.3 | 1.39 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 4.35 | 4.9 | 183.4 | 178.77 |
Total Liabilities | 0.03 | 0.31 | 141.66 | 134.75 |
Total Equity | 4.32 | 4.59 | 41.74 | 44.02 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -5.34 | -4.79 | -1.01 | -12.86 |
Cash From Investing Activities | -4.03 | -4.03 | -2.03 | -3.92 |
Cash From Financing Activities | 6.8 | 6.8 | 2.99 | 20.58 |
Net Change in Cash | -2.58 | -2.02 | -0.05 | 3.79 |
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