Beacon Minerals Limited (AU:BCN) has released an update.
Beacon Minerals Limited reported a robust March quarter at its Jaurdi Gold Project with 5,273 ounces of gold produced and $19.54 million in sales, reflecting a strong average sale price of $3,129 per ounce. The company highlighted the successful mining at MacPhersons Reward Project, which is ahead of schedule and under budget, alongside better-than-expected grades from the Geko low-grade stockpiles. Beacon Minerals maintains a healthy financial position with a market capitalization of $108.94 million and $14.06 million in cash as of March 31, 2024.
For further insights into AU:BCN stock, check out TipRanks’ Stock Analysis page.
