Equinox Gold (ASE) (TSE:EQX) has released an update.
Equinox Gold Corp. has reported a productive first quarter for 2024 with gold production and costs aligning well with their annual guidance and the upcoming full acquisition of the Greenstone Mine, anticipating a significant boost in output once the mine commences production. Despite producing 111,725 ounces of gold and selling 116,504 ounces at an average price of $2,066 per ounce, the company faced a net loss of $42.8 million. The company is also progressing with its Greenstone Mine’s commissioning, looking forward to its first gold pour within the month.
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