Sandur Manganese Achieves Excellent Quality Grade Amid Strong Financial Performance

Sandur Manganese & Iron Ores has recently undergone an evaluation adjustment, reflecting a notable change in its quality grade. The company has transitioned from a good to an excellent quality grade, highlighting its strong financial metrics and operational performance.
Over the past five years, Sandur Manganese has demonstrated impressive sales growth of 21.44% and an EBIT growth of 42.24%, indicating robust operational efficiency. The company's ability to manage debt is evident with a low debt to EBITDA ratio of 0.87 and a net debt to equity ratio of just 0.13, showcasing its strong financial health. Additionally, the average return on capital employed (ROCE) stands at 22.20%, while the return on equity (ROE) is at 25.86%, both of which are indicative of effective management and profitability.

The stock has also shown resilience in its dividend policy, with a payout ratio of 67.67%, and maintains a solid institutional holding of 2.55%. These factors contribute to Sandur Manganese's favorable position within the mining and minerals industry.

For more insights on Sandur Manganese & Iron Ores and its financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.