Metro Mining Misses September Shipment Expectations, Threatening Annual Guidance
Ord Minnett says Metro Mining's weaker-than-expected September bauxite shipments put its annual shipment guidance out of reach.
Ord Minnett says Metro Mining has suffered another blow to its credibility after September shipments fell short of expectations. The broker says the weaker monthly result leaves the miner’s annual shipment guidance out of reach. Metro Mining would need to average roughly 860,000 tons/month across…