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Alio Gold's 2017 financials follow output lower

Alio Gold's (CN:ALO) net earnings fell 62.5% year-on-year in 2017 to US$11.9 million, as costs at its sole operating San Francisco mine climbed and revenue fell.

Alio Gold's 2017 financials follow output lower Alio Gold's 2017 financials follow output lower Alio Gold's 2017 financials follow output lower Alio Gold's 2017 financials follow output lower Alio Gold's 2017 financials follow output lower

Alio Gold plans to spend less on the San Francisco mine in 2018

Metal revenue for the year fell 15% on the year to US$105.2 million, due to fewer ounces sold, which contributed to cash flow from operating activities decreasing 61.6% to US$13.1 million.