Metro Mining Limited, an Australia-based exploration and mining company, reported that the company’s revenue was A$62.4 million in the first half of this year, dropping by 1.6% compared to the same period a year ago.
During the period, the company had a net loss of A$16.7 million, which narrowed by 43% year on year.
For the outlook, Metro Mining’s revenue was expected to grow by 14% on average per year over the next three years, compared to a forecasted increase of 2.7% for the Australian metals and mining industry.