Pantoro Limited (AU:PNR) has released an update.
Pantoro Limited reports a productive quarter with a 3% increase in gold production at its Norseman Gold Project, significant EBITDA of $32.5 million, and an $8.5 million boost in cash and gold reserves. The company has also secured its gold prices for 2025 with a zero-premium collar option and has taken steps to hedge against rising diesel costs. Despite some operational challenges, Pantoro remains in a strong financial position and is planning expansion in its mining operations.
For further insights into AU:PNR stock, check out TipRanks’ Stock Analysis page.
