Almonty Industries Inc. (TSE:AII) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Almonty Industries Inc. has reported the filing of its unaudited financial statements for Q1-2024, showing a gross revenue increase to $7.824 million and a positive EBITDA of $896K from mining operations. Despite these gains, the company faced a net loss of $3.782 million for the period, attributed to various costs including higher mine production costs and interest expenses.
For further insights into TSE:AII stock, check out TipRanks’ Stock Analysis page.
