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Shore Capital reissued their house stock rating on shares of Scotgold Resources (LON:SGZ – Get Rating) in a report issued on Monday, MarketBeat reports. Scotgold Resources Stock Performance Scotgold Resources stock opened at GBX 13.50 ($0.17) on Monday. The stock has a 50-day simple moving average of GBX 42.79 and a 200 day simple moving […] ....
Scotgold Resources Limited (LON:SGZ – Get Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 71.32 ($0.94) and traded as low as GBX 65.60 ($0.86). Scotgold Resources shares last traded at GBX 68.50 ($0.90), with a volume of 15,362 […] ....
Scotgold Resources says making sure every single day mine cranks out gold, that s the objective Scotgold Resources Ltd s (LON:SGZ) Phil Day joins Proactive London s Katie Pilbeam to discuss their latest results, revealing gold concentrate and gravity separated gold Dore from the Cononish gold project in Scotland . These results follow the previously announced resolution of various technical issues affecting the processing plant. The first shipment of concentrate, a major milestone for the company, was made on May 11. It shipped 25 tonnes of concentrate at an average gold grade of 182.4 grams per tonne (g/t), exceeding the target of 150g/t, and achieved the maximum price under the terms of an offtake agreement. ....
27 April 2021 | 09:59am StockMarketWire.com - Mining company Scotgold Resources downgraded production guidance after reassessing the performance of its flagship Cononish mine in Scotland. The company said it had resolved various outstanding technical issues affecting the processing plant at the mine, which it said was ramping up to full design capacity expeditiously . Scotgold Resources had commenced a review of the mine plan at the beginning of April. It concluded a ramp-up of underground mining production would be slower than originally planned. Mine development is insufficient for the mine to provide optimal ore quantity and quality in the short term, however this is not predicted to have long term impacts, it said. ....