Atalaya Mining PLC Announces Q1 2023 Financial Results
Q1 2023 Financial Results Positive start to 2023 supports optimism for full year production and costs
NICOSIA, CYPRUS / ACCESSWIRE / May 15, 2023 / Atalaya Mining Plc (AIM:ATYM) is pleased to announce its unaudited quarterly results for the three months ended 31 March 2023 ("Q1 2023" or "Period"), together with its unaudited interim financial statements for Q1 2023.
Highlights
- Positive financial performance including EBITDA of €24.4 million
- Copper production of 12.1 kt at AISC of
$3.12 /lb Cu, despite the decision to bring forward plant maintenance activities into Q1 2023 - The publication of the new Riotinto PEA and grant of environmental permits at Masa Valverde reinforce Atalaya's optionality and growth potential in the Riotinto District
- Continued investments made in growth, cost reductions and decarbonisation, including exploration, E-LIX Phase I and the 50 MW solar plant
- Balance sheet remains strong with net cash of €55.3 million
- On track to meet full year 2023 outlook due to steady operational performance and improved electricity prices
Click on, or paste the following link into your web browser, to view the full announcement.
http://www.rns-pdf.londonstockexchange.com/rns/3433Z_1-2023-5-15.pdf
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Atalaya Mining Plc
1 Lampousas Street
1095 Nicosia, Cyprus
Tel: +357 22442705
Fax: +357 22442708
www.atalayamining.com
SOURCE: Atalaya Mining PLC
View source version on accesswire.com:
https://www.accesswire.com/754791/Atalaya-Mining-PLC-Announces-Q1-2023-Financial-Results
