Lithium Royalty (TSE:LIRC) Second Quarter 2024 Results

Key Financial Results

• Net income: US$266.0k (up from US$887.0k loss in 2Q 2023).

• EPS: US$0.01 (up from US$0.016 loss in 2Q 2023).

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

Lithium Royalty Earnings Insights

Looking ahead, revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 3.0% 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 Lithium Royalty's balance sheet.

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