03:02 PM EDT, 05/01/2019 (MT Newswires) -- Equinox Gold Corp. (EQX.V, OTC: EQXFF) reported Wednesday afternoon its first quarter 2019 summary financial and operating results, showing a net loss per share from continuing operations attributable to Equinox Gold shareholders, basic and diluted US$(0.01) versus $(0.01) a year earlier. It appears to have just beaten a Capital IQ forecast around a loss of $0.02.

Among corporate highlights: No lost-time injuries at any of the company's sites; increased mineral resources at both Mesquite and Aurizona; and cash and cash equivalents (unrestricted) at March 31, 2019 of $24 million.

Of operational highlights: it produced 25,310 ounces of gold at Mesquite; had cash cost of $766 per oz sold and all-in sustaining costs of $873 per oz sold; sold 27,238 oz of gold generating revenue of $35.4 million; and earnings from mine operations of $9.9 million.

On development highlights: as at May 1, Aurizona construction was complete and plant commissioning ongoing; first ore was processed through Aurizona SAG mill in late April with first gold pour expected in early May; and Castle Mountain Phase 1 detailed engineering was substantially complete and ready to commence construction in Q3-2019.

Among recent developments: it closed the strategic investment by Mubadala Investment Company of $130 million in convertible notes with a 5-year term and a fixed interest rate of 5%, convertible at $1.05 per share; converted the $100 million Mesquite acquisition facility into a new $130 million corporate revolving credit facility; and re-paid the $85 million Aurizona construction facility and the $20 million Mesquite acquisition facility.

Price: 1.08, Change: 0.00, Percent Change: 0.00