Stock Analysis
- Canada
- /
- Metals and Mining
- /
- TSXV:ELE
Elemental Altus Royalties Full Year 2023 Earnings: US$0.016 loss per share (vs US$0.17 loss in FY 2022)
Elemental Altus Royalties (CVE:ELE) Full Year 2023 Results
Key Financial Results
- Revenue: US$11.7m (up 22% from FY 2022).
- Net loss: US$3.04m (loss narrowed by 83% from FY 2022).
- US$0.016 loss per share (improved from US$0.17 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Elemental Altus Royalties Earnings Insights
Looking ahead, revenue is forecast to grow 22% 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 share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Elemental Altus Royalties (1 is potentially serious!) that we have uncovered.
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About TSXV:ELE
Elemental Altus Royalties
Elemental Altus Royalties Corp., a precious metals royalty company, engages in the acquisition of royalties and streams over producing or near producing assets.
Adequate balance sheet with limited growth.