Bellevue Gold enters trading halt ahead of possible guidance cuts
Make us a preferred source
Make us a preferred source on Google
The news: Gold miner Bellevue Gold has entered a trading halt as it reviews production from its flagship Bellevue Gold project in Western Australia, which may result in a downward adjustment to its full-year guidance.
The numbers: Bellevue shares were up 2.7% at $1.15 before entering the trading halt at around 2:30pm AEDT, having retreated by nearly 40% over the last 12 months.
The context: The miner said it intends to make a further announcement on its production guidance before the start of trading on Friday.
Bellevue already reduced its full-year production guidance in January, following lower output and sales in the December quarter.
The source: ASX
