Stock Analysis
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- TSX:GTWO
G2 Goldfields Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
G2 Goldfields (TSE:GTWO) Full Year 2024 Results
Key Financial Results
- Net loss: CA$3.10m (loss narrowed by 30% from FY 2023).
- CA$0.016 loss per share (improved from CA$0.027 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
G2 Goldfields Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 112%.
Looking ahead, revenue is forecast to grow 68% 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 down 2.0% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 4 warning signs for G2 Goldfields (2 can't be ignored!) that you need to be mindful 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.
About TSX:GTWO
G2 Goldfields
Engages in the acquisition and exploration of mineral properties in Canada and Guyana.