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Shanta Gold publish 'record financial results across the board'

Shanta Gold Ltd's (LON:SHG) Eric Zurrin talks to Proactive London's Katie Pilbeam after generating revenue of US$147.4mln from its gold production operations in Tanzania during the year to 31 December 2020, up significantly from the US$112.8mln generated in 2019.

Profit after tax amounted to US$17.2mln, almost double the 2019 level, while net cash at the year-end was US$37.3mln.

Shanta proposes paying a final dividend of 0.10p, payable in April 2021.

Quick facts: Shanta Gold Limited

Price: 13.8 GBX

AIM:SHG
Market: AIM
Market Cap: £144.63 m
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Shanta Gold 'all of the ingredients are coming together' with quarterly...

Shanta Gold PLC's (LON:SHG) Eric Zurrin tells Proactive London 'all of the ingredients are coming together' with quarterly production rising once again.  The last results reveal the miner produced 20,622 ounces of gold from its New Luika mine in Tanzania during the fourth quarter of...

on 25/1/21

2 min read