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Nittetsu Mining Revises Financial and Dividend Forecasts for FY2025

Story Highlights
  • Nittetsu Mining expects higher sales and profits due to strong performance in metallic minerals.
  • The company has increased its earnings per share and dividend forecasts, reflecting strategic growth.
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Nittetsu Mining Revises Financial and Dividend Forecasts for FY2025

Nittetsu Mining Co., Ltd. ( (JP:1515) ) just unveiled an update.

Nittetsu Mining Co., Ltd. announced revisions to its financial results and dividend forecasts for the fiscal year ending March 31, 2025. The company expects higher net sales and profits, driven by increased sales in its Metallic Minerals Division and favorable foreign exchange impacts. As a result, it has revised its earnings per share and dividend forecasts upwards, reflecting robust performance and strategic acquisition of own shares.

More about Nittetsu Mining Co., Ltd.

Nittetsu Mining Co., Ltd. operates in the mining industry, focusing on metallic minerals, with a market focus on copper concentrate sales and smelting business. The company is listed on the TSE Prime Market under the securities code 1515.

YTD Price Performance: 11.19%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €509.6M

See more data about 1515 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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