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Metro Mining Limited ( (AU:MMI) ) has issued an update.
Metro Mining Limited reported a significant financial turnaround for the half-year ended June 30, 2025, with a 78% increase in revenue and a 424% increase in profit after tax from ordinary activities. The company achieved record shipments and net revenue per WMT, although shipments were slightly below plan due to temporary river depth restrictions. The financial results were further bolstered by the reversal of a previous impairment and recognition of a deferred tax asset, indicating a strong operational recovery and improved market positioning.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.17 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 operates in the mining industry, focusing primarily on bauxite production. The company is involved in the extraction and shipment of bauxite, which is a key raw material for aluminum production.
Average Trading Volume: 10,911,401
Technical Sentiment Signal: Buy
Current Market Cap: A$481.8M
For an in-depth examination of MMI stock, go to TipRanks’ Overview page.