Strategic Minerals (GB:SML) has released an update.
Strategic Minerals PLC has reported a robust increase in sales, with the September quarter of 2024 seeing revenues soar by 215% compared to the same period in 2023, marking the highest for this quarter in seven years. The company anticipates exceeding its full-year sales forecast for 2024, with expectations of surpassing US$4.5 million in revenue. This financial upturn follows the return of a major client and the addition of a significant new client, aiding in the repayment of loan facilities and contributing to a positive outlook for the year.
For further insights into GB:SML stock, check out TipRanks’ Stock Analysis page.