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home / news releases / SCEXF - Saracen Mineral: A Look At The Q3 Results


SCEXF - Saracen Mineral: A Look At The Q3 Results

We've finally begun the Q1 calendar year earnings season for the precious metals space (GDX), with one of the first companies to report being Saracen Mineral (SCEXF), with its fiscal Q3 2020 released on Tuesday. The company reported a blow-out quarter across nearly every metric, with net mine cash flow soaring to A$140.5 million, gold production up 30% sequentially following the Super Pit acquisition from Barrick Gold (GOLD), and all-in sustaining costs at Thunderbox remaining at some of the lowest levels industry-wide. Amazingly, however, this growth is just the

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Stock Information

Company Name: Saracen Mineral Holdings
Stock Symbol: SCEXF
Market: OTC

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