07:05 AM EDT, 04/30/2025 (MT Newswires) -- Perseus Mining ( PMNXF ) late on Tuesday reported lower fiscal third-quarter gold production as all-in site cost increased.

Gold production declined to 121,605 ounces compared with 127,471 ounces. All-in site cost increased to US$1,209 per ounce from US$1,091 per ounce.

The company sold 117,585 ounces of gold, up from 115,648 ounces. The average sales price also rose to US$2,462 per ounce from US$2,025 per ounce.

Perseus maintained its fiscal year 2025 production guidance of 469,709 to 504,709 ounces and AISC guidance of US$1,250 to US$1,280 per ounce.