Soma Gold CEO Javier Cordova joined Steve Darling from Proactive to share news the company has announced the company has its production and 1st quarter results. Cordova telling Proactive gold sales was 6,448 ounces in Q1 which is an increase of 52% from Q1-2022. That was the second-highest sales number in Soma’s history. The company also saw a Net Income of 1.2 million dollars on Revenue of 16 million dollars. Cordova also shared with Proactive the company has set another monthly gold production record of 3,035 ounces of gold in the month of May with the gold recovery sitting at 88%. The company says they are looking to achieve a recovery rate exceeding 90% by the end of 2024.
Soma Gold seeing record numbers as company reports production and 1st quarter results
