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Why Did Almonty’s Q1 Loss Soar to CAD 34.6M Despite Stable Revenue?
2:20am on Monday 2nd of June, 2025 AEST
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Mining
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Why Did Almonty’s Q1 Loss Soar to CAD 34.6M Despite Stable Revenue?
2:20am on Monday 2nd of June, 2025 AEST
Key Points
Net loss widened to CAD 34.6 million in Q1 2025 from CAD 3.8 million a year earlier
Revenue steady at CAD 7.9 million, reflecting stable mining operations
Long-term debt increased to CAD 177.3 million, including US$75.1 million project financing
Significant non-cash losses from warrant and embedded derivative liability revaluations
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Almonty Industries (ASX:AII)
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