The company reported consolidated gold production of 13,057 ounces, with the Turmalina mine contributing 31% in its first full quarter since restart. The restart is also reflected in improving balance-sheet strength, with cash increasing to US$74.8 million. Overall, results look supportive, though the production figure alone is unlikely to drive broad market repricing.
The company reported consolidated gold production of 13,057 ounces, with the Turmalina mine contributing 31% in its first full quarter since restart. The restart is also reflected in improving balance-sheet strength, with cash increasing to US$74.8 million. Overall, results look supportive, though the production figure alone is unlikely to drive broad market repricing.
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mildly positive
Sentiment Score
0.25