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Monument Mining Posts Strong Q1 Fiscal Results

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Monument Mining Posts Strong Q1 Fiscal Results

Monument Mining (TSE:MMY) has released an update.

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Monument Mining Limited reported a strong first quarter for fiscal 2025 with a gross revenue of $19.37 million and a notable increase in cash reserves to $17.88 million. The company achieved a net profit of $3 million, driven by higher gold production and sales at record prices, positioning itself for future growth and exploration opportunities.

For further insights into TSE:MMY stock, check out TipRanks’ Stock Analysis page.

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