China Gold International Resources Full Year 2023 Earnings: US$0.064 loss per share (vs US$0.56 profit in FY 2022)

China Gold International Resources (TSE:CGG) Full Year 2023 Results

Key Financial Results

• Revenue: US$459.4m (down 58% from FY 2022).
• Net loss: US$25.5m (down by 111% from US$222.7m profit in FY 2022).
• US$0.064 loss per share (down from US$0.56 profit in FY 2022).

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

China Gold International Resources Earnings Insights

Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are up 4.0% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for China Gold International Resources that you should be aware of.

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