AltynGold Plc Achieves Strong Q1 2025 Performance with Increased Production and Revenues

AltynGold Plc ( (GB:ALTN) ) has shared an announcement.

AltynGold Plc reported a significant increase in production and revenues for Q1 2025, driven by a 34% year-over-year increase in mined ore and a 57% increase in milled ore. The company’s flagship asset, Sekisovskoye, has become fully operational, contributing to a 51% rise in gold poured and a 61% increase in revenues to $25.3 million. Despite a slight decrease in gold grade, the recovery rate improved, and the company is on track to meet its annual production target of over 50,000 ounces. AltynGold also emphasized its commitment to safety and sustainability, with no accidents reported and ongoing efforts to comply with climate change-related regulations.

More about AltynGold Plc

AltynGold Plc is an exploration and development company listed on the Main Market of the London Stock Exchange. The company focuses on mining operations, particularly gold, and is committed to enhancing its sustainability profile and compliance with climate-related regulations.

Average Trading Volume: 32,725

Technical Sentiment Signal: Buy

Current Market Cap: £106.3M

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