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Avocet takes off on softer 2015

Burkina Faso gold miner Avocet Mining (LN: AVM) may have turned in below-par fiscal-2015 production and financial results at the end of April, but it’s share price – up 154% in the past month – hasn’t taken a breather. Gold’s 4.9% rise over the same period pales by comparison.

Mining Journal
Got to hand it to Avocet … share-price rise belies dull FY15

Got to hand it to Avocet … share-price rise belies dull FY15

CEO David Cather pointed to a “more positive” outlook for the yellow metal in 2016, and heightened M&A levels in the sector that he said were another measure of improved investor confidence. “An updated...

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