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Kingston Resources Ltd. ( (AU:KSN) ) has provided an announcement.
Kingston Resources reported a strong December quarter, marking a transformative 2024 for the company. The company achieved substantial progress at its Mineral Hill operations, with increased mining rates and gold sales, and undertook an $8.4 million equity raising to fund further exploration and expansion. The Misima Gold Project remains a key growth opportunity, with plans to leverage current gold prices to accelerate its development.
More about Kingston Resources Ltd.
Kingston Resources is a gold producer focusing on building a mid-tier gold and base metals company. It currently produces from the Mineral Hill gold and copper mine in New South Wales, and is advancing its development asset, the Misima Gold Project in Papua New Guinea.
YTD Price Performance: 7.50%
Average Trading Volume: 25,674
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €35.86M
For an in-depth examination of KSN stock, go to TipRanks’ Stock Analysis page.
