Lovisagruvan AbNGM: LOVI

LOVI: Q3 profit rebounded on resumed ore sales, with improved outlook but ongoing cash flow challenges

· Issued by Lovisagruvan AB

Q3 2024 saw a return to profitability with 19.4 MSEK in revenue and 5.3 MSEK net profit, driven by resumed ore deliveries under a new sales agreement. Cash flow remains negative, but improved liquidity enables renewed development and exploration.

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