11:04 AM EDT, 03/31/2025 (MT Newswires) -- Robex Resources ( RSRBF ) on Monday said adjusted profit fell for financial year 2024.

The company reported an adjusted profit, excluding most one-time items, of $13.2 million, or $0.11 per share, from $45 million, or $0.50, in the prior-year period.

Robex recorded $158.4 million in revenue, up from $134.7 million for 2023. Gold production declined 10% to 46,715 ounces but the company reported a 24% increase in the selling price of gold to $3,261 per ounce in 2024.

Robex shares were last seen unchanged at $2.89, on the TSX Venture Exchange.

Price: 2.89, Change: +0.02, Percent Change: +0.70