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Pembridge Resources says Minto Metals' quarterly revenue grew

17th Nov 2022 17:15

(Alliance News) - Pembridge Resources PLC reported that Minto Metals Corp's revenue jumped in the third quarter of 2022

The London-based mining investment firm has an interest in Minto Metals.

It stated that its quarterly revenue grew by 17% year-on-year to CAD35.3 million, or GBP22.4 million, on September 30 from CAD30.1 million.

Pembridge Resources said Minto Metals' total amount of mined ore increased by 9.5% to 222,696 tonnes from 203,312 tonnes a year prior.

Its copper sales also rose by 7.1% to 7.9 million pounds from 7.3 million pounds.

Shares in Pembridge Resources ended up 2.4% at 2.10 pence in London on Thursday afternoon.

By Greg Rosenvinge; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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