Stock Analysis

GoGold Resources Full Year 2024 Earnings: EPS: US$0.005 (vs US$0.025 loss in FY 2023)

Published
TSX:GGD

GoGold Resources (TSE:GGD) Full Year 2024 Results

Key Financial Results

  • Revenue: US$36.5m (up 21% from FY 2023).
  • Net income: US$1.58m (up from US$7.89m loss in FY 2023).
  • Profit margin: 4.3% (up from net loss in FY 2023).
  • EPS: US$0.005 (up from US$0.025 loss in FY 2023).
TSX:GGD Earnings and Revenue Growth December 13th 2024

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

GoGold Resources Earnings Insights

Looking ahead, revenue is forecast to grow 77% p.a. on average during the next 2 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 down 1.7% from a week ago.

Risk Analysis

You still need to take note of risks, for example - GoGold Resources has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.