The latest update is out from Strategic Minerals ( (GB:SML) ).
Strategic Minerals plc reported a significant increase in sales and revenue for the March quarter of 2025, with a 38% rise in sales volumes and a 41% increase in revenue compared to the previous year. This growth is attributed to the return of a major client and effective scaling of operations at the Cobre magnetite project. The company’s cash balance also improved due to strong sales and ongoing cost rationalization efforts. Additionally, Strategic Minerals announced positive results from its Redmoor project in Cornwall, identifying new mineralization that could enhance the existing resource estimates. These developments support the company’s focus on critical minerals exploration and development, potentially delivering increased value for shareholders.
More about Strategic Minerals
Strategic Minerals plc is an AIM-quoted mineral production company with operations in the UK, USA, and Australia. The company focuses on strategic projects, including the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK, and the Cobre magnetite project in New Mexico, USA. Strategic Minerals acquired Cornwall Resources Limited in 2019 and the Leigh Creek Copper Mine in South Australia in 2018.
YTD Price Performance: 50.0%
Average Trading Volume: 4,551,348
Technical Sentiment Signal: Sell
Current Market Cap: £7.56M
For an in-depth examination of SML stock, go to TipRanks’ Stock Analysis page.