Hillgrove Resources Limited (AU:HGO) 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.
Hillgrove Resources Limited celebrates a successful half-year with their Kanmantoo Copper Mine reaching commercial production, generating a robust $40.2 million in revenue and boasting an improved underlying EBITDA of $7.7 million. The company has transitioned into the cash generation phase, remaining debt-free as of June 2024 and is set to announce a Mineral Resource update and Maiden Ore Reserve by the end of the year.
For further insights into AU:HGO stock, check out TipRanks’ Stock Analysis page.