Russia's Nord Gold reported a 30% decline in its first-quarter net income.
Its quarterly net income dropped to $60 million.
Its revenue climbed 8% to $264 million. Gold output dropped 10% to 156,200 troy ounces. Nord Gold's earnings before interest, taxation, depreciation and amortisation (EBITDA) fell 15% to $114 million,
Its EBITDA margin declined to 43% from 55%.
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