Atico Mining Corp. (TSXV:ATY) – Solid Q4 Operations Precedes Expected Strong Q4 Financial Results
Atico Mining delivered solid Q4/19 and FY/2019 production results at its El Roble mine in Colombia. The company produced 5.6Mlbs Cu and 3.5koz Au in Q4/19 and 16.9Mlbs Cu and 10.5koz Au in 2019, effectively in line with guidance. We are expecting an exceptionally strong Q4 financials, as the company made two concentrate shipments in the quarter. Another solid operational quarter from Atico confirms our view that Atico is a low-cost copper-gold producer capable of generating FCF funding for exploration at two prospective projects.