ReutersReuters

Australia's Resolute Mining tumbles on weak quarterly production, outlook

RefinitivMeno di 1 minuto di lettura

** Shares of Resolute Mining RSG fall as much as 13.5% to A$0.99, their lowest level since September 30

** Stock logs its largest intraday pct decline since late November

** The gold miner records group gold production of 59,857 ounces for Q3, compared with 85,043 ounces logged during the same period last year

** Co attributes lower output to impact of rainy season at its Syama mine in Mali and Mako site in Senegal

** Also narrows year-end group production outlook to 275 koz-285 koz vs earlier forecast 275 koz-300 koz

** Stock has more than tripled in value YTD, including the day's moves

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