Auric Mining Ltd. ( (AU:AWJ) ) just unveiled an announcement.
Auric Mining Limited reported a net profit before tax of $4.1 million for the financial year ending December 31, 2024, marking a 212% increase from the previous year. The company attributes its strong financial performance to the rising gold prices and successful operations at Jeffreys Find, with plans to commence mining at the Munda Gold Deposit. The company is poised for further growth in 2025 as it transitions to conducting mining operations independently without a joint venture partner.
More about Auric Mining Ltd.
Auric Mining Limited is a company operating in the mining industry, primarily focused on gold production. The company has been benefiting from rising gold prices and is involved in projects such as Jeffreys Find and the Munda Gold Deposit, which are central to its operations.
YTD Price Performance: -19.12%
Average Trading Volume: 282,118
Technical Sentiment Signal: Sell
Current Market Cap: A$40.96M
Learn more about AWJ stock on TipRanks’ Stock Analysis page.