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Argonaut Gold Third Quarter 2022 Earnings: US$0.002 loss per share (vs US$0.048 profit in 3Q 2021)

Argonaut Gold (TSE:AR) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$75.3m (down 31% from 3Q 2021).

  • Net loss: US$1.30m (down by 109% from US$15.0m profit in 3Q 2021).

  • US$0.002 loss per share (down from US$0.048 profit in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Argonaut Gold Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 5.1% from a week ago.

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Risk Analysis

You still need to take note of risks, for example - Argonaut Gold has 1 warning sign we think you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This 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.

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