Financial PerformanceThe firm recognized $44.7M in total revenue, which ultimately yielded net income of $5.8M, or $0.02 per share, compared favorably to 3Q23 revenue of $41.3M and net income of $14,000, or $0.00 per share.
Market OutlookRevised long-term estimates for gold at $2,500/oz and silver at $30.00/oz reflect a positive outlook based on macroeconomic developments that increased spot prices.
Operational ProgressThe company received its first gold delivery from the Greenstone gold stream, indicating progress in its operations.