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An update from Beacon Minerals Limited ( (AU:BCN) ) is now available.
Beacon Minerals Limited reported a significant increase in gold production for the December 2024 quarter, with 6,861 ounces produced, surpassing their guidance and marking a 31% rise from the previous quarter. Financially, the company ended the quarter with $16.71 million in cash and achieved gold sales of 6,551 ounces at an average price of $4,060 per ounce. Beacon Minerals continues to operate without gold hedging, benefiting from rising gold prices, and remains focused on increasing mill throughput and advancing exploration, particularly at the MacPhersons Project.
More about Beacon Minerals Limited
Beacon Minerals Limited is a company in the mining industry, primarily focused on gold production and exploration. The company operates the MacPhersons Project and is involved in mining and processing activities, with a strategic focus on its Jaurdi assets.
YTD Price Performance: 30.0%
Average Trading Volume: 2,689,424
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$105.7M
See more data about BCN stock on TipRanks’ Stock Analysis page.
