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Burgundy Diamond Mines Ltd ( (AU:BDM) ) just unveiled an announcement.
Burgundy Diamond Mines Limited reported its quarterly activities for the period ending June 30, 2025, highlighting significant operational and sales performance. The company mined 1.1 million ore tonnes and processed 0.8 million tonnes, recovering 0.8 million carats. Sales performance included selling 0.9 million carats for total proceeds of $52 million. The company closed its Perth diamond cutting and polishing operations to focus on strategic partnerships. Despite an adjusted EBITDA loss of $11.6 million, Burgundy secured non-dilutive financing and extended its mine life by 2.5 years at the Misery deposit. The updated prefeasibility study for the Fox Underground Project shows robust economics, supporting a 14-year mine life extension.
The most recent analyst rating on (AU:BDM) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Burgundy Diamond Mines Ltd stock, see the AU:BDM Stock Forecast page.
More about Burgundy Diamond Mines Ltd
Burgundy Diamond Mines Limited is a company operating in the diamond mining industry, primarily focused on the extraction and sale of diamonds. The company engages in mining operations and has strategic partnerships with diamond manufacturers, traders, jewelers, and luxury brands to maximize the value of its products.
Average Trading Volume: 1,038,866
Technical Sentiment Signal: Sell
Current Market Cap: A$44.06M
See more insights into BDM stock on TipRanks’ Stock Analysis page.