Kingsgate Consolidated Limited ( (KSKGF) ) has released its Q4 earnings. Here is a breakdown of the information Kingsgate Consolidated Limited presented to its investors.
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Kingsgate Consolidated Limited is an Australian-based gold and silver mining company with operations in Thailand and Chile, focusing on mining, development, and exploration. The company recently transitioned from an exploration entity to a mining producing entity, marking a significant milestone in its operations. In its latest financial year, Kingsgate reported a net profit after tax of $29.5 million and an EBITDA of $94.5 million, reflecting a strong operational ramp-up and increased production efficiency. The company achieved a substantial increase in gold and silver production, with 74,661 ounces of gold and 625,698 ounces of silver produced. Looking forward, Kingsgate aims to build on its recent production achievements, with plans to increase gold production in the coming year and explore further opportunities for growth and value creation.