tiprankstipranks
Company Announcements

FireFly Metals Ltd Sees Improved Financial Performance in Latest Results

Story Highlights
FireFly Metals Ltd Sees Improved Financial Performance in Latest Results

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from FireFly Metals ( (AU:FFM) ).

FireFly Metals Ltd reported its financial results for the six-month period ending December 31, 2024, revealing a loss after tax of A$5.731 million, a significant improvement from the A$15.515 million loss in the previous year. Despite the losses, the company achieved a total comprehensive gain of A$7.322 million, primarily due to a positive foreign operations translation, indicating an improvement in its financial health and potential for future growth.

More about FireFly Metals

FireFly Metals Ltd operates in the metals industry with a focus on exploration and development, primarily dealing with mining and metal extraction activities. The company is listed on both the Australian Securities Exchange (ASX) and the Toronto Stock Exchange (TSX) under the ticker ‘FFM’.

YTD Price Performance: 6.14%

Average Trading Volume: 26,572

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $342.3M

For an in-depth examination of FFM stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1