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Stocks in play: Steppe Gold Ltd.
Provided a production update on its two producing gold mines in Mongolia. Steppe Gold closed the acquisition of Boroo Gold LLC on August 1, 2024 and the integration process is progressing smoothly. Combined production from the two operating mines totaled 17,773 oz of gold in the third quarter of 2024. Additionally, the company reiterates production guidance for the second half of 2024 estimated to be 33,360 oz., in line with and towards the higher end of our previously announced guidance range - 30,000 to 35,000 oz. (News Release August 14, 2024). Current guidance for the full year of 2025 is 80,000 oz. of gold. Steppe Gold Ltd. shares T.STGO are trading down $0.01 at $0.76.
