Anglo Asian Mining PLC (AAZ.L), a UK-based mining company focused in Azerbaijan, reported Tuesday a profit for fiscal 2025, recovering from a loss incurred in 2024, as revenues were benefited by higher production and favourable prices for copper and gold.
On the LSE, the stock was trading 1.71 percent higher at 317.33 pence.
In the full year, profit before tax was $25.83 million, compared to prior year's loss of $21.29 million.
The net income in 2025 was $17.68 million or 15.4 cents per share, recovering from a loss of $17.50 million in 2024 or 15.3 cents per share last year.
The net revenue from the sales of gold bullion, silver and copper for 2025 was $122.79 million, compared with $39.59 million in 2024.
The production of gold went up to 25,061 ounces from 15,073 ounces in 2024. The production of copper in 2025 was 7.915 tonnes, compared to 377 tonnes in 2024.
Further, the company issued fiscal 2026 guidance for copper production of 20,000 tonnes to 25,000 tonnes, gold production of 28,000 ounces to 33,000 ounces, and silver production of 170,000 ounces to 210,000 ounces.
The outlook reflects the firm's continued growth and the first full year of production at Gilar and Demirli.
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