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Jun 24 - 01:55 AM

Gold - Australia's Emerald Resources Falls On Lower-Than-Expected Quarterly Gold Production

By Jasmeen Ara Shaikh  —  Jun 23 - 11:36 PM

• Shares of Emerald Resources fall 2.5% to A$4.495, their lowest since June 12

• The gold explorer anticipates its flagship Okvau gold mine will produce 21Koz for June quarter, below forecast of 25Koz–30Koz

• Co produced 28.2Koz of gold in the same quarter last year

• Stock on track for worst day since June 16, if trend persists

• Stock up 38.3% YTD, including moves in current session
(Reporting by Jasmeen Ara Shaikh in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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