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Kingsgate Consolidated Limited ( (AU:KCN) ) has shared an update.
Kingsgate Consolidated Limited has announced an update to its Mineral Resources and Ore Reserves for the Chatree and Nueva Esperanza sites, reflecting data as of June 2025. The update incorporates improved geological modelling and estimation processes, including the application of Reasonable Prospects for Eventual Economic Extraction (RPEEE) requirements. Notably, the inaugural resource estimate for the Chatree South-East Complex has been introduced, contributing to an increase in gold resources. This update aligns Kingsgate’s reporting practices with international standards and provides a more robust approach to resource reporting, which could impact the company’s operational strategy and stakeholder interests.
The most recent analyst rating on (AU:KCN) stock is a Buy with a A$6.20 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 a company operating in the mining industry, primarily focusing on the extraction and processing of gold and silver. It is listed on the Australian Securities Exchange and is known for its operations at the Chatree and Nueva Esperanza sites.
Average Trading Volume: 1,509,791
Technical Sentiment Signal: Buy
Current Market Cap: A$1.04B
See more insights into KCN stock on TipRanks’ Stock Analysis page.