Atico Mining (TSE:ATY) 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.
Atico Mining Corporation reported a decrease in sales due to adverse weather conditions leading to a net loss of $0.4 million for Q2 2024, despite increased production at its El Roble mine and a significant improvement in operational metrics compared to last year. The company anticipates a recovery in revenue in the next quarter and is focusing on production and cost efficiencies, as well as advancing project engineering and drilling programs.
For further insights into TSE:ATY stock, check out TipRanks’ Stock Analysis page.