Karora Resources, Inc. (TSE:KRR) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Karora Resources Inc. reported gold production of 36,147 ounces and sales of 40,343 ounces in Q1 2024, despite weather challenges and a power outage at their Lakewood mill. The company’s cash balance grew to $87.3 million, marking a positive start to the year. With the Beta Hunt production ramp-up on track, Karora is optimistic about meeting its annual production guidance of 170,000 to 185,000 ounces.
For further insights into TSE:KRR stock, check out TipRanks’ Stock Analysis page.
