Nov 7 (Reuters) - Yukon-Nevada Gold Corp said its quarterly loss narrowed as it gained from warrants.
The company, which recorded an $8.5 million gain in warrants recorded as derivative liabilities, narrowed its third-quarter net loss to $18 million from $103.8 million a year ago.
The company — which owns silver, gold, zinc and copper assets in Canada’s Yukon territory and British Columbia, and in Nevada in the United States — increased quarterly production to 21,296 ounces of gold from 18,636 ounces a year ago.
Yukon sold 18,035 ounces of gold at an average gold price of $1,670 per ounce.
Shares of the company closed at 36.5 Canadian cents on Friday on the Toronto Stock Exchange. (Reporting by Ankur Banerjee in Bangalore; Editing by Don Sebastian)