Australia's St Barbara slumps on lower quarterly gold sales

St Barbara

13/01/2025 01:51

** Shares of St Barbara  SBM.AX  fall as much as 11.6% to
A$0.248, their biggest intraday pct loss since Dec. 24, 2024
    ** Gold miner says gold sales for December quarter totalled
11,712 ounces vs 14,958 ounces compared to the previous year
    ** Expects production for the year to hit the lower end of
the initial 65,000 to 75,000 ounces guidance
    ** Stock last year gained 7.1%

 (Reporting by Kumar Tanishk and Nikita Maria Jino in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))