Desert Mountain Energy Third Quarter 2024 Earnings: CA$0.018 loss per share (vs CA$0.017 loss in 3Q 2023)
Desert Mountain Energy (CVE:DME) Third Quarter 2024 Results
Key Financial Results
Net loss: CA$1.66m (loss widened by 6.9% from 3Q 2023).
CA$0.018 loss per share (further deteriorated from CA$0.017 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Desert Mountain Energy Earnings Insights
Looking ahead, revenue is forecast to grow 171% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 7.1% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Desert Mountain Energy (2 make us uncomfortable!) that you should be aware of.
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