Catalyst Metals (ASX:CYL) produced 26,127 ounces of gold in the March quarter at an average all-in sustaining cost (AISC) of AU$2,901 per ounce produced and AU$2,853 per ounce sold, according to a Wednesday filing with the Australian bourse.

The company produced 24,329 ounces of gold at an average AISC of AU$2,765 per ounce in March 2025, an earlier filing showed.

The company reaffirmed its fiscal-year production guidance of 100,000 ounces to 110,000 ounces, and upgraded its AISC forecast to AU$2,750 per ounce to AU$2,950 per ounce of gold sold from the previous range of AU$2,200 per ounce to AU$2,650 per ounce, the filing said.

Shares fell 4% in morning trade on Wednesday.