Stock Analysis
- Canada
- /
- Metals and Mining
- /
- TSXV:MAI
Minera Alamos Third Quarter 2024 Earnings: CA$0.027 loss per share (vs CA$0.011 loss in 3Q 2023)
Minera Alamos (CVE:MAI) Third Quarter 2024 Results
Key Financial Results
- Net loss: CA$12.8m (loss widened by 157% from 3Q 2023).
- CA$0.027 loss per share (further deteriorated from CA$0.011 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Minera Alamos Earnings Insights
Looking ahead, revenue is forecast to grow 64% p.a. on average during the next 3 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 up 1.7% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Minera Alamos (2 are a bit unpleasant!) that you should be aware of before investing here.
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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.