SilverX Silver X says it achieved quarterly net gain for the first time as production ramps up
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The company also announced record quarterly AgEq ounces processed and produced of 481,040 and 371,072, respectively, as well as record quarterly operating earnings attained of $2.0 million. Silver X explained that the reduction in loss in the current period was primarily due to increased operating revenues from the sale of pre-commercial mineral production reflective of the continued ramp up of production, reduction in cost of sales and decreased general and administrative expenses.
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