Calibre Mining reported lower Q3 2024 production guidance and increased unit costs due to lower gold production. The company now expects 230,000-240,000 ounces of gold, an 18% decrease from its previous guidance. The fourth quarter is expected to be the strongest quarter of the year, with higher production from Volcan. The company's construction of the Valentine Gold mine in Canada is over 81% complete. With a possible pullback in Gold, we see very good re-entry prices for Calibre Mining and stay positive for the stock.
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