Soma Gold forecasts higher output in 2025
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Soma Gold Corp. reported a decrease in gold equivalent production for the first nine months of 2024 compared to the previous year, but forecasts higher output in 2025.
November 29, 2024 | 2:15 pm
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Soma Gold Corp. reported a decrease in gold production for the first nine months of 2024 compared to the previous year, but forecasts higher output in 2025.
The decrease in production for 2024 may concern investors, but the forecast for higher output in 2025 could offset these concerns. The impact on the stock price is likely neutral in the short term as the market may wait for further updates on the 2025 forecast.
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IMPORTANCE 70
RELEVANCE 100