Imperial Metals (TSE:III) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Imperial Metals Corporation announced positive financial results for Q2 2024 with a significant increase in adjusted EBITDA to $55.1 million and a net income of $20.4 million, marking a strong recovery from a net loss in the same period last year. The company attributes its financial success to higher metal prices and increased copper and gold production, which aligns with their 2024 guidance.
For further insights into TSE:III stock, check out TipRanks’ Stock Analysis page.