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Canada's Eastern Platinum posts smaller Q3 loss as platinum group metal sales rise
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Canada's Eastern Platinum posts smaller Q3 loss as platinum group metal sales rise
Nov 14, 2025 5:11 AM

Overview

* Eastern Platinum Q3 2025 revenue rises 24.5% yr/yr due to increased platinum group metal (PGM) sales

* Net loss attributable to equity shareholders reduced in Q3 2025

* Company focuses on PGM and chrome production at Crocodile River Mine

Outlook

* Company expects majority of future revenue from PGM processing

* Eastern Platinum ( ELRFF ) focuses on increasing underground production feed

* Company ceased retreatment project to focus on underground operations

Result Drivers

* PGM SALES - Increased PGM sales significantly boosted Q3 2025 revenue, reducing net loss

* UNDERGROUND OPERATIONS - Shift to underground operations at Crocodile River Mine led to decreased YTD 2025 revenue

* CREDIT FACILITY - Expanded credit facility used for working capital amid increased working capital deficit

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $13.70

Revenue mln

Q3 Net -$2.20

Income mln

Q3 Gross -1.80%

Margin

Q3 Mine -$200,00

Operatin 0

g Income

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)

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