Canadian miner Thor Explorations' Q3 revenue hits $69.5 mln on high gold prices
Overview
Thor Explorations Q3 2025 rev at $69.5 mln, driven by high gold prices
Company maintains FY 2025 production and cost guidance, continues exploration activities
Gold production at Segilola mine supports strong operational performance
Outlook
Thor Explorations maintains FY 2025 gold production guidance at 85,000 to 95,000 oz
Company maintains FY 2025 all-in sustaining cost (AISC) guidance at $800 to $1,000 per ounce
Thor Explorations plans additional drilling at Guitry and Marahui in Q4 2025
Result Drivers
HIGH GOLD PRICES - Realized price of $3,535 per ounce contributed to strong revenue
RISING STOCKPILES - Ore stockpile increased by 2,977 oz to 44,069 oz of gold at an average grade of 0.83 g/t
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| $69.50 mln |
|
Press Release: ID:nRSO3714Da
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