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AltynGold Plc ( (GB:ALTN) ) has issued an announcement.
AltynGold Plc reported record revenues and production for Q4 2024, marking significant progress in its growth strategy. With a 46.1% increase in annual revenues to $94.5 million and the commissioning of a third production line, the company has enhanced its capacity significantly. The upgraded processing plant now has a capacity of 1Mtpa, positioning AltynGold to meet its production targets for 2025, and strengthening its position as a larger-scale gold producer. The completion of these upgrades on time and within budget reflects AltynGold’s commitment to sustainable growth and operational excellence, providing a solid foundation for future expansion and value maximization for shareholders.
More about AltynGold Plc
AltynGold Plc is a company operating in the gold mining industry, focusing on ore production and processing, with a significant emphasis on increasing production capacity and revenue growth.
YTD Price Performance: 22.51%
Average Trading Volume: 21,239
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £63.96M
For detailed information about ALTN stock, go to TipRanks’ Stock Analysis page.
