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The latest update is out from Auric Mining Ltd. ( (AU:AWJ) ).
Auric Mining Limited has successfully sold its first gold from the Munda Gold Mine, totaling 1,790 ounces at an average price of A$6,130 per ounce, generating nearly A$11 million in revenue. This milestone marks a significant step in the company’s operations, indicating strong performance and setting a positive outlook for future growth, as further gold sales and cash inflows are anticipated in the coming months.
The most recent analyst rating on (AU:AWJ) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on Auric Mining Ltd. stock, see the AU:AWJ Stock Forecast page.
More about Auric Mining Ltd.
Auric Mining Limited operates in the mining industry, focusing on gold production. The company is engaged in the extraction and sale of gold, with a market focus on maximizing value from its mining operations.
Average Trading Volume: 671,650
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$49.55M
See more insights into AWJ stock on TipRanks’ Stock Analysis page.