Aspire Mining Limited Reports Half-Year Comprehensive Loss of $1.73M, EPS Down to -1.89 Cents
Reuters
Sep 12, 2025
<a href="https://laohu8.com/S/AKM.AU">Aspire Mining</a> Limited Reports Half-Year Comprehensive Loss of $1.73M, EPS Down to -1.89 Cents
Aspire Mining Limited has released its financial results for the half-year ending June 30, 2025. The company reported a total comprehensive loss of $1.73 million, a decrease from the previous period's loss of $1.01 million. The net loss attributable to the owners of Aspire Mining Limited was $9.57 million, compared to a profit of $2.74 million in the previous period. The basic loss per share was reported at 1.89 cents, compared to earnings of 0.54 cents per share in the same period last year. The company has $8.81 million in cash at the bank and $2.56 million held in investments that can be converted to cash. Significant capital related to the development and construction of the Ovoot and Nuurstei projects has not yet been finalized or committed. The financial statements indicate that Aspire Mining Limited expects to continue as a going concern, with no adjustments made to asset recoverability or liability classifications.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspire Mining Limited published the original content used to generate this news brief on September 12, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.