MAC Copper (ASX:MAC) reported Tuesday that its 2024 loss per diluted share narrowed to $0.98 from a loss of $4.83 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting a loss of $1.35 per share.

On a statutory basis, revenue from ordinary activities for the year was $340.7 million, up from about $159 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected $345.8 million.

MAC maintained its copper production outlook in the range of 43,000 tonnes to 48,000 tonnes for 2025 and 48,000 tonnes to 53,000 tonnes for 2026.

The board did not declare a dividend.

The company's shares were down 2% in recent Tuesday trade.