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An update from Mineral Commodities Ltd ( (AU:MRC) ) is now available.
Mineral Commodities Ltd reported a 19% increase in revenue from ordinary activities for the half-year ended June 30, 2024, reaching USD 18,136,000. Despite this revenue growth, the company experienced a substantial net loss of USD 65,119,000, a significant downturn compared to the previous period. The company has not declared any dividends for the interim period, and its net tangible assets have drastically decreased from USD 50,634,000 to negative USD 25,056,000, reflecting financial challenges.
More about Mineral Commodities Ltd
Mineral Commodities Ltd is involved in the mining industry, focusing on the extraction and processing of mineral resources. The company primarily deals with commodities and aims to serve markets that require these raw materials.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €15.31M
For a thorough assessment of MRC stock, go to TipRanks’ Stock Analysis page.