Glen Eagle Resources Third Quarter 2023 Earnings: CA$0.006 loss per share (vs CA$0.002 profit in 3Q 2022)

Glen Eagle Resources (CVE:GER) Third Quarter 2023 Results

Key Financial Results

• Revenue: CA$573 (down 97% from 3Q 2022).
• Net loss: CA$797.0k (down by 349% from CA$320.0k profit in 3Q 2022).
• CA$0.006 loss per share (down from CA$0.002 profit in 3Q 2022).

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

Glen Eagle Resources' share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Glen Eagle Resources, and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.