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Minera Alamos Second Quarter 2024 Earnings: CA$0.015 loss per share (vs CA$0.002 profit in 2Q 2023)
Minera Alamos (CVE:MAI) Second Quarter 2024 Results
Key Financial Results
- Revenue: CA$1.50m (down 51% from 2Q 2023).
- Net loss: CA$7.04m (down from CA$1.13m profit in 2Q 2023).
- CA$0.015 loss per share (down from CA$0.002 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Minera Alamos shares are down 5.8% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Minera Alamos (1 is a bit unpleasant!) that you need to take into consideration.
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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 TSXV:MAI
Minera Alamos
Engages in the acquisition, exploration, development, and operation of mineral properties in Mexico.
Adequate balance sheet low.