Steppe Gold Q4 Revenue Rises on Higher Gold Sales

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Steppe Gold Q4 Revenue Rises on Higher Gold Sales

, MT Newswires - 6:59 AM ET 4/1/2025 default

06:59 AM EDT, 04/01/2025 (MT Newswires) -- Steppe Gold ( STPGF ) , which rose 4.2% on Monday, said fourth-quarter revenue increased on higher gold sales.

Revenue surged to US$46.2 million from US$14.7 million while gold sales jumped to 17,567 ounces from 7,242 ounces.

On a combined mine full-year 2024 basis, the company's Boroo Gold and Steppe Gold ( STPGF ) mines produced 88,347 ounces of gold and 93,837 ounces of silver. The company said it is focused on maximizing production and cash flows at both producing mines and progressing the Phase 2 expansion and related financing options.

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