Minera Alamos (CVE:MAI) First Quarter 2024 Results

Key Financial Results

• Revenue: CA$2.46m (down 64% from 1Q 2023).

• Net income: CA$528.4k (down 64% from 1Q 2023).

• Profit margin: 22% (in line with 1Q 2023).

• EPS: CA$0.001 (down from CA$0.003 in 1Q 2023).

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 46% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 11% 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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