St. Barbara Ltd. (AU:SBM) has released an update.
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St. Barbara Ltd. is accelerating its Simberi Sulphides Expansion project, aiming to start production earlier with promising advancements in plant design and mine rescheduling. The company reported a rise in gold production for Q1 and maintained its annual guidance, reflecting strong operational performance. Financially, St. Barbara holds A$194 million in cash and investments, with no debt, showing robust financial health.
For further insights into AU:SBM stock, check out TipRanks’ Stock Analysis page.
