AltynGold Plc (GB:ALTN) has released an update.
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AltynGold Plc has reported a modest revenue increase to $64 million and a 3.2% turnover increase for the financial year ending December 31, 2023. Despite a slight decline in gold sales volume and a dip in profit before tax to $11.3 million, the average gold price rose to $1,967 per ounce. The company is advancing its Sekisovskoye mine development and anticipates a processing plant capacity expansion in the latter half of 2024.
For further insights into GB:ALTN stock, check out TipRanks’ Stock Analysis page.