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Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - Swings to a pretax loss of $874,000 in the six months to June 30, from $8.6 million profit a year before, as revenue falls 10% to $51.9 million from $57.8 million. Further, cost of sales climb 6.6% to $41.9 million from $39.3 million. Attributes the fall in revenue to a decrease in gold ounces sold. Maintains its interim dividend of 0.10 pence per share. Keeps full-year production guidance of 68-76,000 ounces of gold.
Current stock price: 8.94 pence, up 1.6% on Monday
12-month change: down 37%
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