IMPACT Silver (TSE:IPT) has released an update.
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IMPACT Silver reports a robust 40% increase in Q2 2024 revenue to $7.7 million, driven by the newly operational Plomosas high-grade zinc mine, despite a net loss of $2.6 million due to startup costs and a strong Mexican Peso. The company maintains a strong cash position with substantial investment in exploration and mining assets, and no long-term debt.
For further insights into TSE:IPT stock, check out TipRanks’ Stock Analysis page.
