Q: Can you please comment on todays results. Thanks
5i Research Answer:
Bloomberg is not showing any quarterly estimate information for THX.
25,900 ounces of gold were sold, at higher average prices. Operating costs were $715/oz and all-in costs very attractive at $915/oz. Most financial metrics were at record levels. EBITDA rose to $60.3M from $37.6M last year. Cash is $53M. Production and cost guidance for the year was maintained. All mines performed well and drilling could bring news over the balance of the year. The stock is VERY cheap, with an attractive dividend, and very strong momentum. The quarter was solid. We do note that analysts expect lower earnings in 2026, but gold price moves could change this. It looks good to us for a small cap sector play.