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Rising Saracen sees strong earnings growth ahead

Saracen Mineral Holdings has posted a record full-year profit and sees further earnings growth following the acquisition of 50% of the Super Pit and the higher gold price.

Rising Saracen sees strong earnings growth ahead Rising Saracen sees strong earnings growth ahead Rising Saracen sees strong earnings growth ahead Rising Saracen sees strong earnings growth ahead Rising Saracen sees strong earnings growth ahead

Saracen Mineral Holdings' Thunderbox mine in Western Australia

The company posted an underlying net profit after tax of A$257.5 million, up 173%, and a statutory NPAT of $189.7 million, up 103%.

Underlying EBITDA jumped 140% to a record $530.