Australian gold miner St Barbara falls as quarterly sales miss estimate

St Barbara

27/07/2023 06:38

** Shares of Australia's St Barbara  SBM.AX  fall as much as
3.8% to A$0.255, their lowest since July 12
    ** The gold miner posts quarterly sales of 68,854 ounces,
below analyst expectations at Ord Minnett
    ** Brokerage says quarterly all-in sustaining costs of
A$2,145/oz was above expectations due to significantly higher
costs at Simberi mine 
    ** Stock has fallen ~22% this year, as of last close 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))