Overview
* Imperial Metals ( IPMLF ) Q3 revenue rises to $168.8 mln, driven by higher metal prices
* Net income for Q3 increases to $38.5 mln, supported by higher mine income
* Company remains on track to meet 2025 production targets despite lower Q3 output
Outlook
* Company expects 2025 copper production to reach about 30 mln pounds, exceeding original target
* Company anticipates 2025 gold production to be about 40,000 ounces
* Company advancing Red Chris block cave feasibility study, potential investment decision next year
Result Drivers
* HIGHER THROUGHPUT - Increased throughput at Mount Polley
* HIGHER METAL PRICES - Revenue and financial results benefited from increased copper and gold prices
* COPPER AND GOLD GRADES - Higher copper and gold grades at Red Chris supported production targets
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 C$0.23
Adjusted
EPS
Q3 EPS C$0.23
Q3 C$92.50
Adjusted mln
EBITDA
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.)