Jervois Global Limited (AU:JRV) has released an update.
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Jervois Global Limited reported a resilient performance in Q3 2024 with a US$2.9 million adjusted EBITDA despite weak market conditions, driven by strong cobalt sales and significant progress in its U.S. operations. The company is also actively managing its financial structure, including a new US$7.5 million term loan and extending waivers on debt covenants. Jervois remains focused on its strategic initiatives, supported by significant inventory levels and ongoing support from its lenders.
For further insights into AU:JRV stock, check out TipRanks’ Stock Analysis page.
