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Monument Mining Reports Strong Fiscal 2025 Results with Increased Revenue and Earnings

Story Highlights
  • Monument Mining reported a significant increase in fiscal 2025 revenue and net earnings.
  • The company advanced development at the Murchison Gold Project and improved production at Selinsing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Monument Mining Reports Strong Fiscal 2025 Results with Increased Revenue and Earnings

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Monument Mining ( (TSE:MMY) ) just unveiled an announcement.

Monument Mining Limited reported strong financial results for fiscal year 2025, with a significant increase in gross revenue to $98.64 million and net earnings rising to $37.54 million. The company achieved notable improvements in cash flow, cash on hand, and working capital, driven by sustained gold production at the Selinsing Gold Mine and development progress at the Murchison Gold Project. The company also reported successful commissioning of a new filter press at Selinsing, enhancing production performance, and initiated mineral resource drilling programs to extend mine life.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Spark’s Take on TSE:MMY Stock

According to Spark, TipRanks’ AI Analyst, TSE:MMY is a Outperform.

Monument Mining’s strong financial performance and positive corporate events are the main contributors to the stock’s score. While the valuation suggests the stock is undervalued, mixed technical indicators present some caution. The company’s strategic initiatives and robust financial health position it well for future growth, despite the need for consistent performance.

To see Spark’s full report on TSE:MMY stock, click here.

More about Monument Mining

Monument Mining Limited is a mining company listed on the TSX Venture Exchange and the Frankfurt Stock Exchange. The company primarily focuses on gold production and has operations in Malaysia and Australia, with its key assets being the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in Western Australia.

Average Trading Volume: 315,936

Technical Sentiment Signal: Buy

Current Market Cap: C$227.5M

Learn more about MMY stock on TipRanks’ Stock Analysis page.

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