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Southern Cross Gold Consolidated Breaks Even in Fiscal Q3

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Southern Cross Gold Consolidated (ASX:SX2) reported Monday that it broke even in the fiscal third quarter ended Feb. 28 after posting a loss of CA$0.02 in the same period a year earlier.

Analysts polled by FactSet expected the company to break even.

The company said it is currently in the exploration and pre-development stage and does not generate operating revenue.

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