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Update: Perseus Mining Down 2% as Fiscal Q4 Gold Production Falls QoQ
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Update: Perseus Mining Down 2% as Fiscal Q4 Gold Production Falls QoQ
Jul 30, 2024 9:17 AM

11:58 AM EDT, 07/30/2024 (MT Newswires) -- Perseus Mining ( PMNXF ) on Tuesday said its fiscal fourth-quarter gold production fell from the previous quarter.

The company produced 120,929 ounces of gold at an all-in sustaining cost (AISC) of US$1,173/ounce in the quarter ended June 30, down from 127,471 ounces of gold at an AISC of US$1,091/ounce in the fiscal third quarter.

Gold sales came in at 141,930 ounces, up from 115,648 ounces in the previous quarter. Average sales price increased to US$2,117/ounce from US$2,025/ounce.

Perseus shares were last seen down $0.05 to $2.24 on the Toronto Stock Exchange.

Price: 2.24, Change: -0.05, Percent Change: -2.18

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