tiprankstipranks
Company Announcements

Monument Mining Posts Strong Q1 Fiscal Results

Story Highlights
Monument Mining Posts Strong Q1 Fiscal Results

Monument Mining (TSE:MMY) has released an update.

Monument Mining Limited reported a strong first quarter for fiscal 2025 with a gross revenue of $19.37 million and a notable increase in cash reserves to $17.88 million. The company achieved a net profit of $3 million, driven by higher gold production and sales at record prices, positioning itself for future growth and exploration opportunities.

For further insights into TSE:MMY stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App