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Company News Summary

Silver Lake Resources Reports Financial Results for the Year Ended 30 June 2021

18 Aug 2021  |  08:13:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY21 Financial Results Summary

Silver Lake Resources reported its financial results for the year ended 30 June 2021. The Gold production is of 249,177 Ozs gold equivalent, with gold sales of 248,781 Ozs and copper sales of 1,724t. The Statutory NPAT is of $98.2m. The Cash and bullion balance increased by $60.8m to $330.2m at 30 June 2021 with no debt. In addition, the Company had $11.1m of gold in circuit and concentrate on hand and listed investments of $11.4m at year end. The FY 2022 Group sales guidance is 235,000 to 255,000 gold Ozs at an AISC of A$1,550 to A$1,650/oz.

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