Desert Mountain Energy Full Year 2024 Earnings: Revenues Disappoint

Desert Mountain Energy (CVE:DME) Full Year 2024 Results

Key Financial Results

• Net loss: CA$4.58m (loss narrowed by 61% from FY 2023).
• CA$0.051 loss per share (improved from CA$0.14 loss in FY 2023).

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

Desert Mountain Energy Earnings Insights

Looking ahead, revenue is forecast to grow 84% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 10% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Desert Mountain Energy (of which 2 don't sit too well with us!) you should know about.

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