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Metro Mining Limited ( (AU:MMI) ) just unveiled an announcement.
Metro Mining reported a strong turnaround in 2025, delivering record bauxite shipments of 6.2 million wet metric tonnes and swinging to a net profit after tax of $142.3 million from a loss the previous year. The company also posted record underlying EBITDA, reversed prior impairments, strengthened its balance sheet with solid cash, reduced senior debt, and benefited from sizeable foreign currency hedging gains.
On the back of these results and a debt maturity extension to 2027, the board has approved an on-market share buy-back of up to 5% of issued shares, citing the stock as undervalued and positioning the move as a value-accretive capital management initiative. All repurchased shares will be cancelled, and the company has set 2026 shipment guidance at 6.6 to 7.1 million tonnes, marking the planned full-year realisation of its bauxite expansion strategy.
The most recent analyst rating on (AU:MMI) stock is a Hold with a A$0.06 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 Australia-based resources company listed on the ASX that operates in the bauxite mining sector. The company focuses on producing and shipping bauxite to global markets, and its operations are underpinned by long-term expansion plans aimed at growing annual shipment volumes and improving financial performance.
Average Trading Volume: 11,477,950
Technical Sentiment Signal: Sell
Current Market Cap: A$385M
See more insights into MMI stock on TipRanks’ Stock Analysis page.