MMG (01208) shares are soaring 6.33% in the pre-market trading session on Friday, building on recent gains following the release of impressive interim results. The stock's surge reflects investor enthusiasm over the company's robust financial performance and positive outlook.

MMG reported stellar first-half results, with revenue reaching US$2.817 billion, up 47% year-on-year. The company's profit attributable to equity holders skyrocketed to US$340 million, representing a staggering 1,511% increase compared to the same period last year. This exceptional growth was primarily driven by increased sales volume, rising commodity prices, and improved operational efficiency across the company's copper mines.

Analysts remain optimistic about MMG's future performance. Bank of China International projects a 4% sequential growth in the company's net profit for the second half of 2025. Despite conservative estimates of a 10% half-yearly decline in copper production, including a 20% drop at Las Bambas, analysts believe there's potential for outperformance. If operations at Las Bambas remain uninterrupted following recent mining-related road blockages, annual production could potentially exceed 400,000 tons, further boosting the company's financial outlook.