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Kingston Resources Ltd. ( (AU:KSN) ) has issued an update.
Kingston Resources reported a 14% quarter-on-quarter increase in net revenue to $18.1 million for the December 2025 quarter, supported by strong realised prices for gold and silver and closing cash of $24.9 million plus environmental bonds. Operationally, a geotechnical issue at the Pearse South open pit forced a redesign and extra waste movement, reducing ore mined and deferring an estimated 1,000–1,200 ounces of gold production into the second half of FY26, though waste stripping is now largely complete and higher-grade feed is expected in coming quarters. The company sold 2,564 ounces of gold and 27,974 ounces of silver, advanced the transition to underground mining with development and blasting underway and long-hole production drilling set to start in April, and progressed key underground infrastructure, grade control and resource definition drilling, regional exploration, and plant optimisation. Management highlighted that lower upcoming waste stripping and the move toward underground ore stockpiling ahead of base metal concentrate production, combined with strong metal prices and encouraging offtake market signals, position Kingston for a stronger second half, improved cash flow and sustained growth, which is significant for shareholders and supports its longer-term growth strategy.
The most recent analyst rating on (AU:KSN) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Kingston Resources Ltd. stock, see the AU:KSN Stock Forecast page.
More about Kingston Resources Ltd.
Kingston Resources Ltd is an Australian gold and silver producer listed on the ASX, operating open pit and transitioning underground mining operations. The company is focused on optimising production, extending mine life through drilling, and positioning itself to benefit from strong precious metal prices while preparing for a future shift to base metal concentrate production.
Average Trading Volume: 2,478,248
Technical Sentiment Signal: Buy
Current Market Cap: A$117.7M
For a thorough assessment of KSN stock, go to TipRanks’ Stock Analysis page.