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Beacon Minerals ( (AU:BCN) ) has shared an update.
Beacon Minerals reported a gold production of 7,365 ounces for the June 2025 quarter, with a mill throughput of 254,819 dry tonnes. Financially, the company achieved gold sales of 3,900 ounces at an average price of $5,163 per ounce, resulting in sale receipts of $20.1 million. The company is actively enhancing its operations with a planned mill upgrade and a significant drilling program at the Iguana deposit, aiming to increase resource categorization and production efficiency. Additionally, Beacon executed a 40:1 share consolidation and announced a share buy-back, indicating strategic financial maneuvers to strengthen its market position.
More about Beacon Minerals
Beacon Minerals Limited is a company operating in the mining industry, primarily focused on gold production. The company is engaged in exploration and mining activities, with a focus on increasing its geological confidence and expanding its mining inventory through strategic drilling programs and acquisitions.
Average Trading Volume: 93,132
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$138.9M
For an in-depth examination of BCN stock, go to TipRanks’ Overview page.