$AG THIRD QUARTER 2019 HIGHLIGHTS (compared to Q3 2018) - Revenue up 10% to $97.0 million due to increasing silver prices in the quarter - Mine operating earnings of $27.8 million, up substantially compared to ($0.1) million in Q3 2018 - Net earnings of $8.6 million, up 46% compared to Q3 2018 - Cash flow per share was $0.17 per share (non-GAAP) compared to $0.11 per share in Q3 2018 - Reduced cash costs by 44% to $3.83 per payable silver ounce compared to $6.85 per ounce in Q3 2018 - Reduced All-in sustaining costs (“AISC”) by 29% to $10.76 per payable silver ounce compared to $15.12 per ounce in Q3 2018 - Adjusted EPS of $0.06 after excluding non-cash and non-recurring items - Realized average silver price of $17.63 per ounce, up 20% compared to $14.66 in Q3 2018 - Ended the quarter with $118.6 million in cash and cash equivalents, up $46.2 million compared to Q3 2018 Our AISC of $10.76 per ounce was well below our annual guidance range of $12.98 to $13.94 per ounce
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