Overview

* Atico Mining ( ATCMF ) posts $4.1 mln net loss for Q3-2025 due to shipping delay

* Copper production decreases 23% yr/yr, gold production down 11%, primarily due to lower ore throughput as well as lower copper head-grades

* Company reduces credit facilities and loans by $5.4 mln during Q3 and up to the date

Outlook

* Atico expects gradual production improvement due to higher copper grades next quarter

* Company anticipates gradual improvement in tonnage and grade next quarter

Result Drivers

* SHIPPING DELAY - Delayed arrival of shipping vessel in Colombia pushed concentrate sales to Q4-2025, impacting Q3 results

* HIGHER CASH COSTS - Increased cash costs due to lower copper grades and reduced ore extraction, leading to underused processing capacity

* HIGHER METAL PRICES - Higher metal prices enabled mining from lower zones of El Roble mine not previously in reserves

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -$4.1

Income mln

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the diversified mining peer group is "buy"

* Wall Street's median 12-month price target for Atico Mining Corp ( ATCMF ) is C$0.40, about 50% above its November 17 closing price of C$0.20

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)