Jupiter Mines' Outlook is Key, Dependent Upon Manganese Prices, Euroz Hartleys Says

MT Newswires Live
2025/08/29

Jupiter Mines' (ASX:JMS) outlook, which, given the stability of the production and cost profile, is an outlook on manganese price, Euroz Hartleys said in a note on Friday.

The firm said it would pay its shareholders a AU$0.0075 per share dividend for the second half of the fiscal year ended June 30, in line with the investment firm's expectations.

Exxaro is acquiring Nstimbintle's 19.9% stake in Jupiter and a 50.1% stake in the Tshipi manganese mine in South Africa from Nstimbintle and OM Holdings (ASX:OMH). Jupiter owns 49.9% of Tshipi.

The investment firm retained Jupiter Mines' buy rating and its AU$0.29 per share price target.

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