SOMA GOLD REPORTS SECOND-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS
GOLDBarrick(GOLD) Prnewswire·2024-08-29 17:15

Soma sold 7,209 AuEq ounces in Q2-2024 and 14,233 AuEq ounces in the six months ended June 30, 2024 (compared to 15,391 AuEq ounces in H1-2023). Revenue for the quarter was up $22.7 million, with $42.0 million for the six months ended June 30, 2024 (compared to $39.0 million in H1-2023). EBITDA(1) for the quarter stood at $7.5 million and $13.6 million for the six months ended June 30, 2024 (compared to $15.9 million in H1-2023). Total cash costs per ounce of gold sold(1) were US$1,340 for the quarter and U ...