TSX:AIIMetals and Mining
Do Almonty Industries' (TSX:AII) Rising Losses Point to a Cost Control Challenge?
Almonty Industries Inc. recently reported its financial results for the second quarter and six months ended June 30, 2025, revealing quarterly sales of C$7.19 million and a net loss of C$58.21 million, both deteriorating from the prior year.
The company's losses from continuing operations expanded significantly year-over-year, highlighting ongoing challenges in controlling costs and sustaining profitability.
We'll look at how the substantial widening in net losses could influence Almonty...