04:49 PM EDT, 08/19/2025 (MT Newswires) -- Atico Mining ( ATCMF ) after close Tuesday said it swung to a profit in the second quarter, boosted by production results, increased concentrate sales and strong metal prices, and it sees "gradual operational improvements" continuing through the remainder of the year.

The company said it earned US$2.7 million in the quarter, compared with a US$0.4 loss in the year-prior period.

Cash flow from operations, before changes in working capital, was US$4.9 million, up from US$2.5 million a year earlier. Cash used for investing activities amounted to US$5.4 million versus US$5.1 million.

Sales for the quarter increased 94% to US$21.1 million from US$10.9 million in Q2 2024. Copper and gold accounted for 55% and 45% of the 7,842 dry metric tonnes sold during Q2-2025.

"During the period, production results, increased concentrate sales and strong metal prices led to improved financial performance. We anticipate gradual operational improvements will continue through the remainder of the year which should drive financial results," chief executive Fernando Ganoza said.

Ganoza added, "For the second half of the year, we will continue the planned development and preparation pace into the upper higher-grade zones at El Roble. In parallel, we are conducting a 6,000 meter near-mine drill program at El Roble to replenish resources and extend the mine's life."

Atico shares closed unchanged at $0.125 on the TSX Venture Exchange.