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).

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.

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