The company has a diverse portfolio of exploration and production assets in gold projects across
In the first quarter of 2023, Brookmount Gold recorded a gross profit of
In the filing communicated today to the market, the company reported a total comprehensive income of
The strong financial performance can be attributed to the company's continued focus on the exploration and development of its existing assets, mainly the Talawaan and
CEO Nils Ollquist said, "We are pleased to report robust financial results for the first quarter of 2023. Our ongoing commitment to exploring and developing our assets, including the recent
Brookmount Gold recently reported financial results for 2022, which yielded a revenue of
Brookmount Gold's outlook for 2023 is positive, with the company expecting to continue its growth trajectory, as per market analysts covering the stock. The organization has increased its production by 16.2%, as per the annual AVE gold price, and is actively seeking to secure additional high-quality gold assets with JORC/NI 43-101 verified resources.
"We are committed to creating value for our shareholders and are confident in our ability to execute on our strategic objectives in 2023 and beyond," said Ollquist. "We look forward to continuing to grow our business and delivering strong financial results for our investors."
Founded in 2018, Brookmount Gold is a high-growth gold-producing company incorporated and quoted on OTC Markets in
Brookmount Gold has announced its intention to uplist on the NASDAQ or NYSE American in the coming months, following the completion of the three-year PCAOB Audit. Investors and stakeholders can access the company's earnings report on its website or the OTC Markets' website, or by contacting Brookmount Gold's investor relations department.
For more information, please visit www.brookmountgold.com or contact ir@brookmountgold.com
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Pedrosa IR ir@pedrosa.uk
Source: Brookmount Gold
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