Brookmount Gold Q3 revenue rises on higher gold prices
Overview
Brookmount Gold Q3 revenue rises 1% yr/yr, driven by higher gold prices and production
Net income for Q3 rises 42% from prior quarter, but falls 37% yr/yr
Company expands mining workforce and shafts, boosting production capacity
Outlook
Brookmount anticipates additional resource development and potential joint ventures in 2026
Company aims to increase ore throughput and efficiency at Indonesian operations
Brookmount plans to accelerate exploration and development in North America
Result Drivers
PRODUCTION INCREASE - Revenue growth driven by ramped-up production and higher gold prices
WORKFORCE EXPANSION - Increased workforce and additional shafts boosted production capacity
EQUIPMENT INVESTMENT - New equipment reduced bottlenecks and improved efficiency
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| $5.04 mln |
|
Press Release: ID:nACSgVbr0a
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