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Sayona Mining ( (AU:SYA) ) has issued an update.
Sayona Mining Limited reported its financial results for the year ended June 30, 2025, on August 29, 2025. The company experienced an 11% increase in revenue from ordinary activities, reaching $223.4 million. However, it also reported a significant loss of $294.3 million, primarily due to a $271.3 million impairment related to the NAL CGU. This impairment has notably impacted the company’s net tangible assets, which decreased by 44% compared to the previous year. Despite these financial challenges, Sayona Mining continues to maintain its interests in key lithium projects, which are crucial for its future growth and industry positioning.
The most recent analyst rating on (AU:SYA) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Sayona Mining stock, see the AU:SYA Stock Forecast page.
More about Sayona Mining
Sayona Mining Limited is an Australian company operating in the mining industry, primarily focusing on lithium projects. The company is involved in various joint ventures and projects, including the Moblan Lithium Project in Canada and the Morella Lithium Joint Venture in Australia, emphasizing its strategic focus on lithium extraction and production.
Average Trading Volume: 42,172,397
Technical Sentiment Signal: Sell
Current Market Cap: A$293.6M
See more insights into SYA stock on TipRanks’ Stock Analysis page.