Steppe Gold Ltd. (TSE:STGO) has released an update.
Steppe Gold Ltd. reported Q1 2024 revenues of $7.971 million from sales of gold and silver, with an operating profit of $4.324 million before depreciation and depletion, despite a negative Adjusted EBITDA of $309. The company also made significant progress on its Phase 2 Expansion, including a $37,000 milestone payment for essential equipment and construction, and secured an amended gold prepay agreement for additional financing.
For further insights into TSE:STGO stock, check out TipRanks’ Stock Analysis page.
