WesCan Energy Third Quarter 2023 Earnings: CA$0.009 loss per share (vs CA$0.007 loss in 3Q 2022)

·1 min read

WesCan Energy (CVE:WCE) Third Quarter 2023 Results

Key Financial Results

  • Revenue: CA$664.0k (up 109% from 3Q 2022).

  • Net loss: CA$381.8k (loss widened by 61% from 3Q 2022).

  • CA$0.009 loss per share (further deteriorated from CA$0.007 loss in 3Q 2022).


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

WesCan Energy shares are down 5.6% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with WesCan Energy (at least 3 which are a bit unpleasant), and understanding them should be part of your investment process.

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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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