EarningsGross profit reached $81.7M with a gross margin of 42%, outperforming the forecast of 35%, and Adjusted EBITDA was $90.3M, reflecting a 46% margin and a 44% YoY increase.
Financial PerformanceMineros reported Q3 financial and operational results that beat estimates, with revenue at $196.0M, a 39% YoY increase, and operating cashflow after WC significantly higher than expected.
Stock RecommendationAnalyst recommends maintaining a BUY rating and increasing the target price to C$7.00/share on MSA.