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Monday’s TSX breakouts: Two senior gold producers own shares of this spiking small-cap company

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This miner jumped 9 per cent on Friday

The company does not pay its shareholders a dividend.After the market closed on March 16, the company reported its better-than-expected fourth quarter financial results.

Management re-iterated its 2023 outlook calling for gold production of between 100,000 and 110,000 ounces, relatively unchanged from 2022, and AISC of between US$750 and US$850 per ounce, up from US$611 reported in 2022.

 

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