RY 161.29 0.8315% SHOP 116.7 1.6108% TD 83.65 0.553% ENB 61.82 1.2613% BN 68.755 0.8729% TRI 248.88 1.754% CNQ 38.22 0.6054% CP 103.1 0.4775% CNR 138.9 -0.0576% BMO 129.44 1.1013% BNS 65.52 0.7845% CSU 4654.3901 1.9582% CM 81.81 1.3755% MFC 40.37 1.0766% ATD 69.68 -0.9805% NGT 76.14 0.2106% TRP 67.93 2.0123% SU 46.68 0.4735% WCN 273.82 0.8397% L 206.99 -1.499%
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Imperial Metals (TSX:III) Reports FY24 Turnaround with CAD 106.3Mn Net Income
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Highlights
Imperial Metals Corporation (TSX:III) is a Vancouver-based mining company. The company’s principal properties in British Columbia include the wholly owned Mount Polley and Huckleberry copper mines, a 30% interest in the Red Chris mine.
In the financial year 2024 (FY24), the company experienced a remarkable 43.5% YoY increase in total revenue, reaching CAD 494.4 million compared to CAD 344.5 million in FY23. This growth was largely driven by the Mount Polley mine, which generated CAD 301.5 million in revenue from copper concentrate, up from CAD 233.3 million in the prior year, reflecting a significant CAD 68.2 million increase.
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