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K92 Mining Reports Record Financial and Operational Results for 2024

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K92 Mining Reports Record Financial and Operational Results for 2024

K92 Mining ( (TSE:KNT) ) has shared an announcement.

K92 Mining Inc. announced record financial and operational results for the fourth quarter and full year of 2024, with significant increases in production, revenue, and net income. The company achieved record quarterly production of gold equivalent ounces, improved cash costs, and all-in sustaining costs, and exceeded its annual production guidance. The strong financial performance is attributed to higher-grade ore extraction and improved metallurgical recoveries. K92 is also advancing its Stage 3 and 4 expansion projects, with significant progress in construction and capital commitments, positioning the company for further growth in the coming years.

More about K92 Mining

K92 Mining Inc. is a company operating in the mining industry, primarily focused on the extraction and production of gold, copper, and silver. The company is known for its mining operations at the Kora and Judd sites, with a market focus on increasing production and efficiency in its mineral extraction processes.

YTD Price Performance: 21.16%

Average Trading Volume: 623,848

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.61B

See more data about KNT stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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