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Imperial Metals ( (TSE:III) ) has shared an update.
Imperial Metals announced that its Mount Polley mine achieved its 2024 production targets, generating 35.7 million pounds of copper and 39,108 ounces of gold, despite a slight decrease in gold production during the fourth quarter compared to the previous year. The company’s exploration efforts at Mount Polley have identified promising mineralization zones, suggesting potential for future underground mining, which could impact the company’s strategic operations and investor outlook.
More about Imperial Metals
Imperial Metals Corporation is a mining company that focuses on the production of base and precious metals. Its primary products include copper and gold, and it operates notable mines such as Mount Polley and Red Chris, with a market focus on efficient mineral extraction and production.
YTD Price Performance: 3.14%
Average Trading Volume: 33,260
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$318.9M
For detailed information about III stock, go to TipRanks’ Stock Analysis page.