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The latest update is out from Keras Resources ( (GB:KRS) ).
Keras Resources PLC reported a reduced loss of £299,000 for the first half of 2025, attributed to lower operating costs, despite a decrease in revenue compared to the previous year. The company saw a 21% increase in sales of its PhosAgri Organic product and has entered the liquids market under new management. Additionally, Keras has received its first payments under a cooperation agreement with Togo, marking progress at the Nayéga manganese mine. These developments are expected to enhance cash flow and strengthen Keras’s market position as a leading organic phosphate producer in North America.
More about Keras Resources
Keras Resources PLC operates in the mining sector, focusing on organic rock phosphate production through its wholly owned subsidiary, Falcon Isle Resources Corp. The company is engaged in the production and sale of high-grade phosphate products under the PhosAgri Organic brand, which are certified by key US agencies. Their operations include the Diamond Creek mine and the Delta Facility in Utah, USA, and they are involved in a joint venture with Phosul LLC to produce environmentally friendly phosphate fertilizers.
Average Trading Volume: 117,501
Technical Sentiment Signal: Sell
Current Market Cap: £2.43M
Learn more about KRS stock on TipRanks’ Stock Analysis page.