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Metro Mining Limited ( (AU:MMI) ) just unveiled an update.
Metro Mining Limited reported a significant operational milestone with a 26% year-on-year increase in bauxite shipments for May 2025, totaling 671,934 Wet Metric Tonnes (WMT). Despite weather-related challenges affecting barge operations, the company remains on track to meet its annual shipment target of 6.5 to 7.0 million WMT, showcasing resilience in its operations and maintaining its industry position.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
More about Metro Mining Limited
Metro Mining Limited is an independent bauxite producer and explorer, operating the Bauxite Hills Mine on the Weipa bauxite plateau near the Skardon River in Far North Queensland. The company produces high alumina bauxite and ships it directly to customers, contributing economically to the Cape York region and maintaining strong relationships with the Traditional Owners of the land.
Average Trading Volume: 11,191,325
Technical Sentiment Signal: Buy
Current Market Cap: A$372M
Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.