Griffin Mining Reports Q1 2025 Production Impacted by Past Events
By
Fiona Craig
PUBLISHED:
Apr 17 2025 @ 03:28
|
Comments (0)
|
More info about Fiona Craig
Griffin Mining Limited (LSE:GFM) reported its Q1 2025 production results, noting that the early part of the year was significantly impacted by a fatal accident in late 2024 and the Chinese Lunar New Year holidays. These events led to a temporary suspension of operations and a reduction in production. However, the company anticipates a recovery, projecting an annualized rate of 1.5 million tonnes of ore processed for the remainder of 2025.
About Griffin Mining
Griffin Mining Limited operates the Caijiaying Zinc Gold Mine in China, where it produces zinc, gold, silver, and lead metals in concentrates through an 88.8% owned joint venture. The company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
-
Year-to-Date Price Performance: +19.86%
-
Average Daily Trading Volume: 92,382 shares
-
Technical Sentiment: Negative (Sell)
-
Market Capitalization: £327.6 million
Despite the setbacks in Q1 2025, the company is optimistic about the remainder of the year, with a potential return to more consistent production levels. However, the negative technical sentiment suggests caution in the short term.
CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).
This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.
Hot Features
Premium
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
