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Aurelia Metals Reports Strong Financial Performance and Progress in Growth Projects

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Aurelia Metals Reports Strong Financial Performance and Progress in Growth Projects

Aurelia Metals Limited ( (AU:AMI) ) just unveiled an announcement.

Aurelia Metals Limited reported a significant improvement in its financial performance for the half-year ended 31 December 2024, with a 53% increase in underlying EBITDA to $49.7 million and a 984% rise in statutory net profit after tax to $18 million. The company maintained a strong cash balance of $96.7 million, funding all growth capital from operations. Key growth projects, including the Federation mine development and Cobar optimization, are progressing well, with the first production from Federation successfully processed. The company remains strategically focused on expanding its operations in the Cobar region, aiming to increase throughput and cash flow.

More about Aurelia Metals Limited

Aurelia Metals Limited is a company operating in the mining industry, focusing on the extraction and processing of metals. The company is engaged in the development of mining projects and exploration activities, particularly in the Cobar region, with a market focus on increasing copper equivalent production.

YTD Price Performance: 23.81%

Average Trading Volume: 17,213

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $236.1M

Learn more about AMI stock on TipRanks’ Stock Analysis page.

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