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Asante Gold Corp. reported a Q2 2024 revenue increase of 12% to $113 million, driven by higher gold prices and lower mining costs.
Asante Gold Corp. reported a strong fiscal Q2 2024, with revenue increasing 12% to $113 million, driven by higher gold prices and lower mining costs.
Adjusted EBITDA rose to $19,844, a significant turnaround from a loss of $6,518 in the same quarter last year.
For the six months ending July 31, 2024, revenue totaled $228 million, up 14% year-over-year.
The company also improved cost efficiencies at its Bibiani and Chirano mines.
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Asante Gold Corp. informó de un aumento de ingresos del Q2 2024 de 12% a $113 millones, impulsado por los precios más altos del oro y los costos más bajos de la minería.