Steppe Gold Ltd. (TSE:STGO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Steppe Gold Ltd. has announced robust 2023 annual financial results, including significant revenue from gold and silver sales totaling $54,239, and an impressive increase in mined ore with improved gold and silver grades. The company’s successful acquisition of Anacortes Mining Corp., a private placement, and the completion of a gold prepay agreement have bolstered their financial position despite a cash balance of $6,034 and net debt of $17,116 by year’s end.
For further insights into TSE:STGO stock, check out TipRanks’ Stock Analysis page.