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Second Quarter Preliminary Results
During the three months ended June 30, 2025, the Company sold approximately 15,100 attributable gold equivalent ounces1 and realized record preliminary revenue2 of $51.4 million (17,414 attributable gold equivalent ounces and $41.4 million in revenue for the comparable period in 2024).
Preliminary cost of sales, excluding depletion2 for the three months ended June 30, 2025, was $5.3 million resulting in record cash operating margins1 of approximately $2,980 per attributable gold equivalent ounce1 ($4.7 million and $2,043 per attributable gold equivalent ounce for the comparable period in 2024, respectively).
As at June 30, 2025, the outstanding balance on the Company's revolving credit facility was approximately $315 million with an undrawn and available balance of $310 million2.
Posted In: SAND
