29Metals Posts Narrower 2024 Loss, Higher Revenue; Shares Up 4%
29Metals (ASX:29M) reported Wednesday a 2024 loss of AU$0.243 per diluted share, compared with a loss of AU$0.799 per diluted share a year earlier.
Analysts polled by Visible Alpha expected a loss of AU$0.13 per diluted share.
Revenue for the 12 months ended Dec. 31, 2024, was AU$551.1 million, compared with AU$449.7 million a year earlier. Analysts surveyed by Visible Alpha expected AU$551.6 million.
The firm did not declare a dividend during the reported period.
The company's shares were up over 1% in recent Wednesday trade.
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