Gold and tin producer Seligdar earned 37.5 billion rubles from January to September 2023. total revenue. The indicator increased by 88% year on year, should from company reports.
The majority of the holding’s revenue came from the sale of gold. Over nine months, Seligdar earned 32.9 billion rubles from the sale of precious metal. Compared to the results from January to September 2022, revenue from gold increased by 115%, the company emphasized.
Sales of tin, tungsten and copper concentrates in the first nine months of 2023 brought the holding 4.6 billion rubles. The volume of revenue from the sale of non-ferrous metals did not change year on year, Seligdar clarified.
The price of the company’s shares on the Moscow Exchange by 11:05 Moscow time decreased by 1% to 82.32 rubles, compared to the price at the close of the main trading session the day before. The key index of the trading platform amounted to 3248.66 points (-0.19%). Since the beginning of the year, Seligdar quotes have increased by 88.8%, the benchmark – by 50.82%.
Analysts previously interviewed by Vedomosti suggested that Seligdar would not pay dividends to investors by the end of 2023. They explained their point of view by the increase in capital costs and insufficient financial results.
In May “Seligdar” posted debut “gold” bonds worth 11 billion rubles. volume of 2.2 million securities, or 92.76% of the GOLD01 series issue. The quarterly coupon rate for the entire circulation period of the securities was 5.5% per annum. At the end of August Moscow Exchange turned on shares of Seligdar into the calculation base of its main index and the RTS index.