Abcourt Mines Full Year 2023 Earnings: CA$0.015 loss per share (vs CA$0.089 loss in FY 2022)

Abcourt Mines (CVE:ABI) Full Year 2023 Results

Key Financial Results

• Revenue: CA$7.01m (down 66% from FY 2022).
• Net loss: CA$5.34m (loss narrowed by 81% from FY 2022).
• CA$0.015 loss per share (improved from CA$0.089 loss in FY 2022).

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

Abcourt Mines Earnings Insights

Looking ahead, revenue is forecast to grow 32% 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

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Abcourt Mines (at least 2 which can't be ignored), and understanding them should be part of your investment process.

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