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Catalyst Metals Limited ( (AU:CYL) ) has shared an update.
Catalyst Metals reported record quarterly gold production of 28,176 ounces from its Plutonic operations, with ore sourced from three mines and all-in sustaining costs of A$2,565 per ounce produced, while reaffirming full-year guidance of 100,000–110,000 ounces. The company strengthened its growth platform by progressing development at the K2 and Trident mines, expanding exploration across the Plutonic Belt—particularly with high-grade drilling success at Cinnamon—and resolving a legacy legal dispute over K2, all while generating A$74 million in operating cash flow, increasing cash and bullion to A$238 million, and remaining debt-free with total available liquidity of A$338 million, positioning it to pursue its long-life, multi-mine growth strategy in both Western Australia and Victoria.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$9.00 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
More about Catalyst Metals Limited
Catalyst Metals Limited is an Australian gold producer focused on the 40km Plutonic Gold Belt in Western Australia, where it generates around 100,000 ounces per year from the Plutonic Main and Plutonic East mines using a 2Mtpa CIL processing plant. The company is bringing three additional mines—Trident, K2 and Old Highway—into production to lift reserves from 1.5 million to about 2 million ounces and double annual output toward 200,000 ounces, while also advancing high-grade exploration assets north of the historic Bendigo goldfield in Victoria.
Average Trading Volume: 1,157,028
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.87B
For detailed information about CYL stock, go to TipRanks’ Stock Analysis page.