Metro Mining Limited ( (AU:MMI) ) has shared an announcement.
Metro Mining Limited reported a significant increase in revenue by 30.32% to $307.3 million for the year ending December 2024. Despite this, the company experienced a 63.19% increase in loss from continuing operations, amounting to $22 million. The underlying profit before tax saw a substantial rise of 109.29% to $1.01 million, and the underlying EBITDA from ordinary activities doubled to $37.2 million. No dividends were declared for the year, and the net tangible assets per security increased from $0.002 to $0.006, indicating a stronger asset position.
More about Metro Mining Limited
Metro Mining Limited operates in the mining industry, focusing primarily on the extraction and sale of bauxite. The company is engaged in activities that support the production and distribution of this key raw material, which is essential for aluminum production.
YTD Price Performance: -15.00%
Average Trading Volume: 26,980,309
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$309.7M
For an in-depth examination of MMI stock, go to TipRanks’ Stock Analysis page.