We're now more than halfway through the Q1 earnings season for the Gold Miners Index (GDX), and the Australian gold miners have been stealing the show, with many tracking well above their FY-2020 guidance despite the COVID-19-related operational challenges. Unfortunately, St. Barbara (STBMY) is one of the exceptions among the Australian miners, and the company has had a tough FY-2020 thus far, with FY-2020 gold production tracking well below the already lowered annual guidance mid-point.
Based on the lower gold production, we've also seen higher costs for the company, with