Imperial Metals (TSE:III) has released an update.
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Imperial Metals reported a significant improvement in their third quarter financial performance in 2024, with adjusted EBITDA surging to $74.2 million compared to $10.5 million in the previous year. The company’s revenue nearly doubled, driven by increased concentrate shipments and favorable metal prices. Net income also saw a substantial increase, marking a positive turnaround from a net loss in the same quarter last year.
For further insights into TSE:III stock, check out TipRanks’ Stock Analysis page.