Monument Mining Reports Strong Q3 2025 Results with Record Gold Production

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

Monument Mining Limited reported strong financial results for the third quarter of fiscal 2025, with gross revenue of $19.85 million and a net profit of $4.86 million. The company achieved a record gold production of 9,543 ounces, aided by the successful commissioning of a new filter press at the Selinsing Gold Mine. Despite a delayed shipment due to a tariff war, cash reserves increased significantly to $29.54 million. The company also made progress at its Murchison project, advancing development plans and signing collaboration agreements with other gold exploration companies, which could enhance its processing capabilities and market positioning.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.51 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 achieves a strong score of 80, driven by robust financial performance and strategic corporate events. The stock’s attractive valuation and technical momentum further support its growth potential, although maintaining consistent profitability remains crucial.

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

More about Monument Mining

Monument Mining Limited is a mining company based in Vancouver, B.C., primarily engaged in gold mining operations. The company is listed on the TSX Venture Exchange and the Frankfurt Stock Exchange, focusing on optimizing its mining operations and expanding its resource base.

Average Trading Volume: 321,636

Technical Sentiment Signal: Buy

Current Market Cap: C$149.4M

See more insights into MMY stock on TipRanks’ Stock Analysis page.