Saracen Mineral Holdings Published September Quarter Report

  • Oct 22, 2019 AEDT
  • Team Kalkine

Saracen Mineral Holdings Limited (ASX: SAR) has reported Quarterly Report for September 2019. As at 30 September 2019, SAR had $196.1 million of cash & cash equivalents, up from $154.5 million in the previous quarter end.

Quarterly Highlights:

  • Record quarterly gold production of 96,324 oz at an AISC of $964/oz
  • Gold sales for the quarter were 97,307 oz at an average sale price of $1,916/oz
  • Saracen generated an unaudited NPAT between $42 million and $45 million.

By 1:07 PM AEST, SAR was trading at $3.47, up by 3% relative to the previous close.


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