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The $220 million Mt Morgan project only reached commercial production in December.

Dacian shares collapse after downgrade

Shares in Dacian Gold have plunged up to 68 per cent today after a significant downgrade of June quarter production guidance from its flagship Mt Morgans operation.

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Dacian Gold (DCN)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
176thNew Standard Energy21%-46%
581stDacian Gold-45%45%
620thMinbos Resources-50%-14%
793rdMinrex Resources-77%-25%
843rdNew World Cobalt-92%-38%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/08/18
$0 Other
07/08/18
$15k Bought
07/08/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

390th↑Dacian Gold$0
435th↑Minbos Resources$0
436th↑Minrex Resources$0
438th↓New Standard Energy$0
439th↓New World Cobalt$0
484 listed resources companies ranked by revenue.
Source: Morningstar

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