Investment LossThe company has faced a significant financial blow due to an $18.0M loss from its investment in McEwen Copper Inc.
Production ShortfallProduction struggles are evident as the company's output of 7,486 GEOs at the Fox Complex fell short of market expectations, with lower than anticipated ore grades cited as a primary reason.
Revised Price TargetAnalysts have adjusted the company's price target downward, largely due to projections of increased costs for the company's operations in the future.