Australia's Calidus Resources gains on record gold production at WA project

Calidus Resources

06/07/2023 05:04

** Shares of Calidus Resources  CAI.AX  up 10.8% at A$0.205,
on track for best day since April 12, if gains hold
    ** The gold explorer says it has achieved record quarterly
gold production of 16,177 ounces at Warrawoona Gold project in
Western Australia
    ** Says co met its June-quarter production outlook of 31,000
- 36,000 ounces, by producing 31,364 ounces
    ** Stock at its highest level since May 9
    ** Stock down 31.5% YTD, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))