Kingsgate boosts cash and margins as Chatree delivers fifth strong quarter

Kingsgate Consolidated Limited ( (AU:KCN) ) has issued an update.

Kingsgate Consolidated’s Chatree Gold Mine delivered another solid quarter to 31 March 2026, producing 21,036 ounces of gold and 182,549 ounces of silver, marking a fifth straight quarter above 20,000 ounces of gold and underscoring operational reliability. The mine benefited from increased ore mined following the commissioning of a new excavator, while maintaining stable grades and recoveries.

The company reported a record all-in sustaining cost margin of US$2,613 per ounce, driven by strong realised gold prices and an AISC (pre-royalties) of US$1,103 per ounce, alongside a ~19% quarterly lift in total cash, bullion and doré to A$213.4 million and a reduction in borrowings to A$15 million. With year-to-date FY26 production of 65,915 ounces of gold and 545,932 ounces of silver in line with guidance, and an interim dividend already paid, Kingsgate appears well positioned for the remainder of the year, reinforcing its financial resilience and shareholder returns profile.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$6.95 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

More about Kingsgate Consolidated Limited

Kingsgate Consolidated Limited is an Australian-based gold producer listed on the ASX, with its flagship asset being the Chatree Gold Mine in Thailand. The company focuses on open pit mining and processing of gold and silver, aiming to deliver consistent production while maintaining cost discipline and strengthening its financial position.

Average Trading Volume: 2,097,711

Technical Sentiment Signal: Buy

Current Market Cap: A$1.68B

For detailed information about KCN stock, go to TipRanks’ Stock Analysis page.