Trigon Metals (CVE:TM) Full Year 2024 Results

Key Financial Results

• Revenue: US$9.59m (up by US$8.64m from FY 2023).

• Net income: US$20.1k (up from US$16.5m loss in FY 2023).

• Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.

• EPS: US$0.001 (up from US$0.48 loss in FY 2023).

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

Trigon Metals Earnings Insights

Looking ahead, revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Trigon Metals (of which 1 doesn't sit too well with us!) you should know about.

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