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Beacon Minerals ( (AU:BCN) ) has issued an announcement.
Beacon Minerals Limited reported a gold production of 6,884 ounces for the September 2025 quarter, with significant financial outcomes including gold sales of 5,550 ounces at an average price of A$5,210/oz, resulting in A$28.9 million in sales receipts. The company has completed a 40:1 consolidation of its issued capital and canceled its share buy-back program. Notably, Beacon’s gold retention strategy has seen a 168% increase in gold held at the Perth Mint, valued at A$27.87 million. The company also announced significant increases in its mineral resources and ore reserves, with a 217% rise in mineral resources and a 182% increase in ore reserves. The Iguana Laterite deposit showed promising high-grade intersections, further defining the deposit’s potential.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
More about Beacon Minerals
Beacon Minerals Limited is a company operating in the mining industry, primarily focused on gold production and exploration. The company is engaged in the extraction and sale of gold, with operations centered around its mining tenements and projects in Western Australia.
Average Trading Volume: 117,104
Technical Sentiment Signal: Buy
Current Market Cap: A$265.4M
For detailed information about BCN stock, go to TipRanks’ Stock Analysis page.