Centerra Gold Increases FY24 Öksüt Mine Income Taxes From $54M-$60M To $64M-$70M
Portfolio Pulse from Benzinga Newsdesk
Centerra Gold has increased its FY24 income tax estimates for the Öksüt Mine from $54M-$60M to $64M-$70M.
August 01, 2024 | 9:04 pm
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NEGATIVE IMPACT
Centerra Gold has revised its FY24 income tax estimates for the Öksüt Mine upwards, indicating higher tax expenses.
The increase in income tax estimates suggests higher expenses for Centerra Gold, which could negatively impact its profitability and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100