Red Hill Minerals Reports Strong Quarterly Performance and Strategic Expansion

Red Hill Iron Limited ( (AU:RHI) ) just unveiled an announcement.

Red Hill Minerals Limited reported a strong financial performance for the March 2025 quarter, with a royalty revenue of $3.35 million from the Onslow Iron Project and a cash balance of $66.1 million. The company announced a dividend of $0.03 per share and executed an agreement to acquire a 2% royalty over the Sandstone Gold Project. Operationally, Red Hill completed several surveys and preparations for drilling in its West Pilbara and Curnamona joint venture projects, indicating a strategic focus on expanding its exploration footprint and enhancing its resource base.

More about Red Hill Iron Limited

Red Hill Minerals Limited is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is involved in projects related to gold, base metals, and iron ore, with a significant interest in the Onslow Iron Project and other ventures in the West Pilbara region.

YTD Price Performance: -17.76%

Average Trading Volume: 20,846

Technical Sentiment Signal: Hold

Current Market Cap: A$216.8M

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