Canada markets close in 48 minutes
  • S&P/TSX

    20,767.63
    +235.45 (+1.15%)
     
  • S&P 500

    4,143.34
    +85.50 (+2.11%)
     
  • DOW

    33,087.69
    +450.50 (+1.38%)
     
  • CAD/USD

    0.7861
    +0.0030 (+0.39%)
     
  • CRUDE OIL

    114.88
    +0.79 (+0.69%)
     
  • BTC-CAD

    36,217.10
    -1,540.10 (-4.08%)
     
  • CMC Crypto 200

    616.95
    -12.55 (-1.99%)
     
  • GOLD FUTURES

    1,850.30
    +2.70 (+0.15%)
     
  • RUSSELL 2000

    1,880.94
    +42.70 (+2.32%)
     
  • 10-Yr Bond

    2.7430
    -0.0130 (-0.47%)
     
  • NASDAQ

    12,088.60
    +347.95 (+2.96%)
     
  • VOLATILITY

    25.85
    -1.65 (-6.00%)
     
  • FTSE

    7,585.46
    +20.54 (+0.27%)
     
  • NIKKEI 225

    26,781.68
    +176.84 (+0.66%)
     
  • CAD/EUR

    0.7320
    +0.0027 (+0.37%)
     

Stocks in play: Novo Resources Corp.

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Provides a Q4 2021 operational update from Beatons Creek, located in Nullagine, Western Australia. Lower than forecast gold production of 12,833 oz Au in Q4 20210F due to a change in the December mining schedule and reduction in recovery due to technical issues with the carbon regeneration kiln, delivering production of 49,364 oz Au for the year ended December 31, 2021 from the Company’s Beatons Creek conglomerate gold project. Q4 2021 revenue of $30 million 1F2 from the sale of 13,023 oz Au. December 31, 2021 cash balance of $32.4 million. Investment portfolio fair value of approximately $146 million2F. Novo Resources Corp. shares T.NVO are trading down $0.09 at $1.20.

Read:

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting