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Minera Alamos Full Year 2023 Earnings: CA$0.006 loss per share (vs CA$0.012 profit in FY 2022)

Minera Alamos (CVE:MAI) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$13.4m (down 38% from FY 2022).

  • Net loss: CA$2.86m (down by 151% from CA$5.61m profit in FY 2022).

  • CA$0.006 loss per share (down from CA$0.012 profit in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

Minera Alamos Earnings Insights

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 6.7% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Minera Alamos' balance sheet.

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.