Jupiter Mines Reports Strong Q3 FY2025 Performance with Increased Sales and Production

Jupiter Mines Limited ( (AU:JMS) ) has issued an announcement.

Jupiter Mines Limited reported a strong performance for the quarter ending March 2025, with increased sales and production levels at the Tshipi Manganese Mine. The company experienced a 65% increase in EBITDA due to higher manganese prices and reduced production costs. Despite a slight decrease in cash reserves following a dividend payment, Tshipi generated positive net cash flow. The quarter also saw a rise in average manganese prices, although spot prices declined slightly by the end of April 2025. The company managed to reduce production costs by extracting ore from a new pit area, benefiting from a favorable stripping ratio and currency exchange rates.

More about Jupiter Mines Limited

Jupiter Mines Limited is a company involved in the mining industry with a significant focus on manganese production. The company holds a 49.9% interest in Tshipi é Ntle Manganese Mining Proprietary Limited, which operates the Tshipi Manganese Mine in the Kalahari manganese field.

YTD Price Performance: 340.0%

Average Trading Volume: 100

Technical Sentiment Signal: Strong Sell

Current Market Cap: $189.1M

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