TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Akobo Minerals AB ( (DE:643) ) is now available.
Akobo Minerals has achieved its first quarter of positive EBITDA in its 15-year history, driven by a total doré gold production of approximately 21.5 kg in Q3 2025. The company exceeded its September production target, supported by record-high gold prices and stable mining operations. Operational improvements are underway with a new Operations Manager optimizing the processing plant and mobilizing heavy equipment, positioning Akobo for continued growth and stability in the Ethiopian mining sector.
More about Akobo Minerals AB
Akobo Minerals is a Scandinavian-based gold producer with a significant presence in the Ethiopian mining industry. The company holds an exploration license covering 182 km2 and a mining license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. Akobo Minerals’ Segele mine boasts a high-grade gold resource, and the company is committed to ethical practices, transparency, and strong stakeholder engagement. Akobo is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange.
Average Trading Volume: 424,729
Current Market Cap: NOK459M
For detailed information about 643 stock, go to TipRanks’ Stock Analysis page.