Beacon Minerals Limited (AU:BCN) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Beacon Minerals Limited reported gold production of 3,930 ounces and sales of 4,144 ounces at an average price of $3,550/oz, totaling $14.71 million in revenue for the June 2024 quarter at their Jaurdi Gold Project. Despite challenges such as unexpected high rainfall affecting production, the company has successfully stockpiled 68,000 tonnes of ore and completed upgrades to the haul road. The company’s market capitalization stands at $101.43 million with a cash reserve of $5.885 million as of June 30, 2024.
For further insights into AU:BCN stock, check out TipRanks’ Stock Analysis page.