Kula Gold Limited (AU:KGD) has released an update.
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Kula Gold Limited reported a 47% drop in revenues and a 28% reduction in net loss for the half-year ended June 30, 2024, compared to the previous year, mainly due to a single research and development grant received in 2023. The company also expanded its mining interests with a majority acquisition of the Mt Palmer Gold Mine and agreements regarding the Rankin Dome and Kirup Projects. No dividends were declared, and the report has been reviewed by auditors.
For further insights into AU:KGD stock, check out TipRanks’ Stock Analysis page.
