Centerra Gold Says It Achieved 2023 Production Guidance; Company's Q4 Gold Production Was 129,259 Ounces, Begins 2024 With Over $600M In Cash And Equivalents
Portfolio Pulse from Benzinga Newsdesk
Centerra Gold announced it met its 2023 production guidance, with Q4 gold production reaching 129,259 ounces. The company starts 2024 with over $600M in cash and equivalents.
February 14, 2024 | 11:14 am
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POSITIVE IMPACT
Centerra Gold achieved its 2023 production guidance and reported a strong cash position entering 2024.
Meeting production guidance and having a strong cash reserve are positive indicators of a company's operational efficiency and financial health. This news is likely to instill confidence in investors, potentially leading to a positive impact on CGAU's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100