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Centamin Plc generates revenue of USD 230 million for Q3 2020

1 min read | October 21, 2020 10:37 AM BST | By Team Kalkine Media
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Centamin Plc (LON:CEY) has released results for the third quarter ended 30 September 2020.

  • The company generated revenue of USD 230 million for the third quarter from gold sales of 118,617 ounces (oz) at an average realised gold price of USD 1,933/oz sold.
  • Gold production in the reported period was of 128,240 oz from the Sukari Gold Mine that led the nine months production to 384,324 oz.
  • Depicting the scheduled increase in capital expenditure, company’s cash costs for Q3 stood at USD 682/oz produced and all-in sustaining costs at USD 961/oz sold.
  • On 21 October 2020, the stocks of the company declined by 19.48 per cent from the previous closing and were hovering at around GBX 130.85 at 09:24 AM GMT+1.

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