Kingsgate Consolidated Reports Strong Quarterly Growth in Gold Production

The latest update is out from Kingsgate Consolidated Limited ( (AU:KCN) ).

Kingsgate Consolidated Limited reported a strong performance for the quarter ending March 2025, with a 15% increase in gold production and a 13% decrease in all-in sustaining costs (AISC), resulting in a record AISC margin of US$1,036. The company also saw a 36% increase in available cash and bullion, and its processing plants are operating above capacity. These achievements, alongside successful exploration and implementation of new ore control technology, position the Chatree Gold Mine favorably for future growth, enhancing Kingsgate’s operational efficiency and market competitiveness.

More about Kingsgate Consolidated Limited

Kingsgate Consolidated Limited operates in the mining industry, primarily focusing on gold and silver production. The company is known for its Chatree Gold Mine, which has been a consistent producer of gold and silver, contributing significantly to its market presence.

YTD Price Performance: 27.16%

Average Trading Volume: 20,349

Technical Sentiment Signal: Sell

Current Market Cap: $260.9M

See more data about KCN stock on TipRanks’ Stock Analysis page.