Chrysos Corp. Ltd. (AU:C79) has released an update.
Chrysos Corporation Ltd. reports a robust Q4 FY24 with a 58% annual revenue surge to $13.5m and a full year growth of 69%, boosted by the operationalization of new PhotonAssay units and expanded contracts. The company’s forward-looking FY25 guidance anticipates revenues between $60m and $70m, riding on the global expansion of its PhotonAssay technology, notably with the installation at Barrick’s North Mara mine in Tanzania. With strong unit economics and a well-funded position, Chrysos is poised for continued growth and market penetration.
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