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Eastern Platinum Q3 Loss Narrows on Higher Production

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Eastern Platinum Q3 Loss Narrows on Higher Production

Nov 14, 2025 5:41 AM

08:25 AM EST, 11/14/2025 (MT Newswires) -- Eastern Platinum ( ELRFF ) on Friday said its third-quarter loss narrowed on higher production of platinum group metals (PGM).

The South African miner said it lost US$2.21 million, or US$0.01 per share, in the period, compared with a loss of US$3.4 million, or US$0.02, in the year-prior quarter.

Revenue rose 25% to US$13.75 million from US$10.98 million, as the company produced 6,183 ounces of platinum-group metals, up from 1,488 ounces a year earlier.

"The increase in revenue for Q3 2025 by 25% was primarily due to an increase in PGM sales in the period," the company said.

Eastern Platinum ( ELRFF ) shares closed down $0.01 to $0.25 Thursday on the Toronto Stock Exchange.

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