Jupiter Mines Reports Record Production Amid Price Drop
Company Announcements

Jupiter Mines Reports Record Production Amid Price Drop

Jupiter Mines Limited (AU:JMS) has released an update.

Jupiter Mines Limited reported a strong quarter for its Tshipi Manganese Mine, with record production levels achieved in August 2024 despite a 34% drop in manganese ore prices. The company’s sales volumes increased by 12% compared to the previous year, but decreased slightly from the previous quarter. Cost of production fell by 7%, highlighting improved efficiency amid challenging market conditions.

For further insights into AU:JMS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskJupiter Mines Limited Cautions on Investment Guidance
TipRanks Australian Auto-Generated NewsdeskJupiter Mines Limited Announces 2024 AGM Details
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App