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Kingsgate Consolidated Limited ( (AU:KCN) ) has provided an update.
Kingsgate Consolidated Limited announced that its Chatree Gold Mine produced over 20,000 ounces of gold in the June quarter, aligning with the revised FY25 production guidance. The company also reported a significant increase in cash-on-hand and bullion, marking a strong financial finish to the year and indicating robust operational performance.
The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 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 operates in the mining industry, focusing primarily on gold and silver production. The company is known for its Chatree Gold Mine, which is a significant source of its gold and silver output.
YTD Price Performance: 98.44%
Average Trading Volume: 1,121,829
Technical Sentiment Signal: Buy
Current Market Cap: A$657.3M
Learn more about KCN stock on TipRanks’ Stock Analysis page.