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Greenland Awards Permit for Metal Critical to Defense Industry
Greenland Awards Permit for Metal Critical to Defense Industry

Bloomberg

time14 hours ago

  • Business
  • Bloomberg

Greenland Awards Permit for Metal Critical to Defense Industry

Greenland has given permission to a Canadian mining company to explore for molybdenum, a metal critical to the production of steel, amid growing demand from the defense industry. The Arctic island and its mineral riches have this year become hot geopolitical topics after Donald Trump's persistent requests to take over the territory, which is part of the Kingdom of Denmark. At the same time, the European Union has identified Greenland as a strategic area of interest as the continent tries to become less dependent on the import of raw materials.

Metalla Royalty & Streaming First Quarter 2025 Earnings: US$0.008 loss per share (vs US$0.019 loss in 1Q 2024)
Metalla Royalty & Streaming First Quarter 2025 Earnings: US$0.008 loss per share (vs US$0.019 loss in 1Q 2024)

Yahoo

time17-05-2025

  • Business
  • Yahoo

Metalla Royalty & Streaming First Quarter 2025 Earnings: US$0.008 loss per share (vs US$0.019 loss in 1Q 2024)

Net loss: US$731.0k (loss narrowed by 58% from 1Q 2024). US$0.008 loss per share (improved from US$0.019 loss in 1Q 2024). We check all companies for important risks. See what we found for Metalla Royalty & Streaming in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada. Performance of the Canadian Metals and Mining industry. The company's shares are down 7.7% from a week ago. While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Metalla Royalty & Streaming's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

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