- Revenue growth: The company's quarterly revenue reached US$24.4 million, a significant increase of 95% year-on-year. This increase was mainly due to increased mineral production and higher silver and gold prices.
- Gross profit improvement: Gross profit reached US$10.5 million, a surge of 308% year-on-year. This significant improvement was attributed to increased revenue, lower unit costs and favorable changes in the US dollar-Mexican peso exchange rate.
- Strong cash flow: Cash generated from operating activities was US$15.6 million, an increase of more than 2,000% year-on-year, demonstrating the company's strong cash generation capabilities. Pre-tax mine operating cash flow was US$11.9 million, an increase of 230% year-on-year.
- Net income and earnings per share: Net income was $5.1 million, and earnings per share were $0.03, a significant increase of 804% year-on-year. Adjusted net income was $10 million, and earnings per share were $0.07, a year-on-year increase of 405%.
- EBITDA growth: Earnings before interest, taxes, depreciation and amortization (EBITDA) were $9.1 million, a year-on-year increase of 712%, reflecting a significant increase in the company's profitability.
Roth MKM analyst Joseph Reagor: Maintain "buy" rating, target price raised from $1.9 to $2
Africa Minner-Sibanye Gold Limited(SBSW) Lead Gains of Precious Metals
@Twelve_E：
The industry with the highest increase in US stocks on Wednesday was mining companies in the precious metals sector. The second-highest-ranked stocks were South African concept stocks. Coincidentally, the stock with the highest increase in the precious metals sector was $Sibanye Gold Limited(SBSW)$ Data from Tiger trade: Data as of April 16th. $Sibanye Gold Limited(SBSW)$ is a South African mining company focused on the production of platinum group metals (PGMs), $Gold - main 2506(GCmain)$ and uranium. Sibanye Gold Limited's main business is the mining and processing of precious metals. The company operates globally through its subsidiaries, involving precious metals such as gold and platinum group metals, which are widely used in industrial, jewelry and investment fields. The company's business model mainly relies on the mining, processing and sales of minerals, as well as investing in mining projects through royalties and streaming agreements. The company's profitability indicators show a profit margin of -6.51%, a return on assets of -3.85%, a return on equity of -11.43%, revenue of 112.13B, a net income of -7.3B, and diluted earnings per share of -$0.5400. Currently, Sibanye Stillwater's stock price is $4.91, and the average target price of $5.05 means that from the current price, there is about 2.85% upside in the next 12 months. The comment section contains some basic information and expectations of other companies in the above first chart.
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