Tertiary Minerals Reports Interim Results and Operational Progress

An announcement from Tertiary Minerals ( (GB:TYM) ) is now available.

Tertiary Minerals PLC has reported its unaudited interim results for the six months ending March 31, 2025, highlighting significant operational progress. The company has made notable advancements in its Mushima North Project in Zambia, revealing substantial silver mineralization alongside copper and zinc, warranting further exploration. Additionally, joint ventures with KoBold Metals and First Quantum Minerals are progressing in Zambia, with deep drilling efforts underway at Konkola West and Mukai projects, respectively. Financially, the company reported an operating loss of £248,460, with project expenditure capitalized at £342,348, and a cash position of £93,502 at the period’s end. A recent fundraising effort raised £350,000 to support ongoing operations.

Spark’s Take on GB:TYM Stock

According to Spark, TipRanks’ AI Analyst, GB:TYM is a Neutral.

The overall stock score of 53 reflects a company in a challenging financial situation with consistent losses and negative cash flows. However, its strong equity position and promising exploration projects in Zambia and Nevada offer potential upside. The technical indicators suggest neutral momentum, but valuation concerns persist due to negative earnings.

To see Spark’s full report on GB:TYM stock, click here.

More about Tertiary Minerals

Tertiary Minerals PLC is engaged in the exploration of copper and precious metals, with a focus on projects in Zambia and Nevada, USA. The company’s primary projects include the Mushima North Project in Zambia, which is a high-priority silver-copper-zinc exploration site, and other copper-focused projects such as Konkola West and Mukai in Zambia.

Average Trading Volume: 25,533,860

Technical Sentiment Signal: Sell

Current Market Cap: £1.51M

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