Trigon Metals Inc (OTCPK:PNTZF)

$ 0.725 0 (0%) Market Cap: 31.10 Mil Enterprise Value: 36.70 Mil PE Ratio: 65.33 PB Ratio: 0 GF Score: 34/100

Q1 2024 Trigon Metals Inc Earnings Call Transcript

Aug 22, 2024 / 03:00PM GMT

Release Date Price: $0.577 (-6.94%)

Transcript

Operator

Good morning, Trigon shareholders, and welcome to the Trigon Metals conference call. Trigon reports first-quarter operating and financial results. This call is being recorded live on Thursday, August 22, 2024. (Operator Instructions)

I would now like to turn the conference over to President and COO, Rennie Morkel. Please go ahead.

Rennie Morkel

Trigon Metals Inc - President, Chief Operating Officer

Thank you, and good morning, everyone. We appreciate you joining us to discuss what has been an important quarter for Trigon Metals. The highlights of our first quarter is undoubtedly the Kombat mine's full production ramp-up marking a major milestone in our journey. With the first full quarter of underground contribution, we're excited to see the hard work pay off.

In Q1, we produced 2.3 million pounds of copper at an average C1 cash cost per pound of $3.23. Alongside this, we produce approximately 33,400 pounds of silver. This silver performance from Kombat mine has led to a positive adjusted EBITDA of $1.8 million, reflecting the operational

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