China Gold International Resources Third Quarter 2024 Earnings: EPS: US$0.068 (vs US$0.08 loss in 3Q 2023)

China Gold International Resources (TSE:CGG) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$254.6m (up 309% from 3Q 2023).
• Net income: US$27.1m (up from US$31.7m loss in 3Q 2023).
• Profit margin: 11% (up from net loss in 3Q 2023).
• EPS: US$0.068 (up from US$0.08 loss in 3Q 2023).

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 34% 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 shares are up 1.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of China Gold International Resources' balance sheet and an in-depth analysis of the company's financial position.

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