03:06 PM EDT, 10/15/2025 (MT Newswires) -- Monument Mining ( MMTMF ) , up 50% and at all time record high territory on last look, said Wednesday that fourth-quarter net earnings and revenue both jumped, boosted by record gold prices.

For Q4, net income rose to US$20.84 million, or US$0.08 per share basic and diluted, from US$6.24 million, or US$0.02 per share, in the prior year period.

Revenue more than doubled to US$39.6 million, from US$18.6 million.

Gold produced from the sulphide flotation plant was 12,315 ounces, including an additional 60 ounces adjustment, in Q4 FY 2025, resulting from the processing of 235,264 tonnes of ore at a feed grade of 1.82 g/t gold and an improved recovery rate of 89.50%, comprised of 12,255 ounces before the adjustment. During the three months ended June 30, 2024, gold produced from the sulphide flotation plant was 12,003 ounces, comprised of 9,968 ounces from Q4 FY 2024 and an additional 2,035 ounce adjustment from previous quarters, resulting from the processing of 179,364 tonnes of ore at a feed grade of 2.52g/t gold and a recovery rate of 82.59%.

"FY 2025 represents a period of strong progress for the company, highlighted by sustained gold production at the Selinsing Gold Mine in Malaysia and a strengthened cash position. Development efforts advanced at the Murchison Gold Project in Western Australia, positioning it as a potential second source of cash flow," said chief executive Cathy Zhai.

Monument is advancing the development plan at the Murchison Gold Project, with a conceptual economic assessment currently being undertaken by SRK Consulting Australasia, Zhai added.

The company's shares were up $0.31 to $0.98 on the TSX Venture Exchange.

Price: 0.91, Change: +0.26, Percent Change: +40.00