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The latest announcement is out from Group 6 Metals Limited ( (AU:G6M) ).
Group 6 Metals Limited reported its quarterly performance for the period ending December 2024, highlighting ongoing safety improvements and operational challenges at its Dolphin Tungsten Mine. The company produced 125kt of ore and achieved a saleable tungsten production of 11,405 mtu, despite facing production setbacks due to plant maintenance issues and staffing shortages. Financially, the company initiated a recapitalisation plan to reduce debt and improve liquidity, alongside a significant reorganisation of its leadership team, including the appointment of a new Executive Chairman and changes within the board and key management positions.
More about Group 6 Metals Limited
Group 6 Metals Limited operates in the mining industry, primarily focusing on the extraction and processing of tungsten. The company is involved in the production of tungsten concentrate, with a particular emphasis on enhancing safety and environmental practices within its operations.
YTD Price Performance: 25.00%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$25.1M
For detailed information about G6M stock, go to TipRanks’ Stock Analysis page.
