Atico Mining (TSE:ATY) has released an update.
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Atico Mining Corporation reported a decrease in sales due to adverse weather conditions leading to a net loss of $0.4 million for Q2 2024, despite increased production at its El Roble mine and a significant improvement in operational metrics compared to last year. The company anticipates a recovery in revenue in the next quarter and is focusing on production and cost efficiencies, as well as advancing project engineering and drilling programs.
For further insights into TSE:ATY stock, check out TipRanks’ Stock Analysis page.
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