MAS Gold Past Earnings Performance

Past criteria checks 0/6

MAS Gold's earnings have been declining at an average annual rate of -20.7%, while the Metals and Mining industry saw earnings growing at 28.9% annually.

Key information

-20.7%

Earnings growth rate

2.1%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	n/a
Return on equity	-53.3%
Net Margin	n/a
Last Earnings Update	31 Dec 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How MAS Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSXV:MAS Revenue, expenses and earnings (CAD Millions)
Date	Earnings	G+A Expenses
31 Dec 23	-2	1
30 Sep 23	-2	1
30 Jun 23	-2	2
31 Mar 23	0	0
31 Dec 22	-3	2
30 Sep 22	-3	3
30 Jun 22	-5	5
31 Mar 22	-8	8
31 Dec 21	-8	8
30 Sep 21	-7	7
30 Jun 21	-5	4
31 Mar 21	-3	3
31 Dec 20	-1	1
30 Sep 20	-1	1
30 Jun 20	-1	1
31 Mar 20	-1	1
31 Dec 19	-1	1
30 Sep 19	-1	1
30 Jun 19	-1	1
31 Mar 19	-1	1
31 Dec 18	0	0
30 Sep 18	0	0
30 Jun 18	0	0
31 Mar 18	0	0
31 Dec 17	0	0
30 Sep 17	0	0
30 Jun 17	0	0
31 Mar 17	0	0
31 Dec 16	0	0
30 Sep 16	0	0
30 Jun 16	0	0
31 Mar 16	0	0
31 Dec 15	0	0
30 Sep 15	0	0
30 Jun 15	0	-1
31 Mar 15	0	-1
31 Dec 14	0	0
30 Sep 14	0	0
30 Jun 14	0	2
31 Mar 14	-1	2
31 Dec 13	-1	2
30 Sep 13	-2	2

Quality Earnings: MAS is currently unprofitable.

Growing Profit Margin: MAS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MAS is unprofitable, and losses have increased over the past 5 years at a rate of 20.7% per year.

Accelerating Growth: Unable to compare MAS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MAS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-22.5%).

Return on Equity

High ROE: MAS has a negative Return on Equity (-53.3%), as it is currently unprofitable.

MAS Gold Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

New major risk - Financial position

MAS Gold Corp., Annual General Meeting, Jan 26, 2024

Insufficient new directors

MAS Gold Corp. has completed a Follow-on Equity Offering in the amount of $1.796807 million.

Insufficient new directors

MAS Gold Corp. Announces Resignation of Steven Goldman as a Director

MAS Gold Corp. Announces an Updated Mineral Resource Estimate for the North Lake Gold Deposit

MAS Gold Corp. announced that it expects to receive CAD 1.5 million in funding

MAS Gold Corp., Annual General Meeting, Jan 26, 2023

MAS Gold Corp. Announced the Results from the Remaining Thirty Drill Holes from Its Successful 2022 Winter Diamond Drill Program in the La Ronge Gold Belt, Saskatchewan

MAS Gold Corp. announced that it has received CAD 2.075 million in funding

MAS Gold Corp. Provides Update on Winter Drill Program Results

MAS Gold Corp. announced that it expects to receive CAD 3 million in funding

MAS Gold Corp. Announces Initial Results from North Lake Drilling

MAS Gold Corp. (TSXV : MAS) completed the acquisition of Preview SW Property from Comstock Metals Ltd. (TSXV : CSL).

MAS Gold Corp. Completes Drilling at North Lake Deposit on its 100% Owned Preview North Property in La Ronge Gold Belt, Saskatchewan

MAS Gold Corp. Announces the Appointment of Karen Frisky as Corporate Secretary

MAS Gold Corp. and Comstock Metals Ltd. Commences Drill Program on Mas Gold's Preview-North Property and Comstock's Preview SW Property in the La Ronge Gold Belt, Saskatchewa

MAS Gold Corp. (TSXV : MAS) entered into a non-binding letter of intent to acquire Preview SW Property from Comstock Metals Ltd. (TSXV : CSL).

Mas Gold Corp. Announces Update Mineral Resource Estimate for the Greywacke North Gold Deposit

MAS Gold Corp. (TSXV:MAS) agreed to acquire Contact Lake Property from Government of Saskatchewan.

MAS Gold Corp. announced that it has received CAD 1.5 million in funding

MAS Gold Corp. Announces Commencement of Summer Drill Program and Other Exploration Activities on La Ronge Gold Belt Properties, Saskatchewan

MAS Gold Corp. announced that it expects to receive CAD 1.5 million in funding

MAS Gold Provides Final North Lake Drill Results

Mas Gold Corp. Releases Results from North Lake Hole NL21-055

MAS Gold Corp. Announces Results from the First Three of Ten Holes from the 2021 Winter Drill Program at the North Lake Gold Deposit on its 100% Owned Preview-North Property in the La Ronge Gold Belt, Saskatchewan

MAS Gold Corp. Extends Mineralization At Its 100% Owned Greywacke Property

MAS Gold Corp Initiates Preliminary Economic Assessment Study on Greywacke North and North Lake Projects

Chairman & Consultant exercised options to buy CA$54k worth of stock.

MAS Gold Corp. Announces First Results from 2021 Greywacke Lake Drilling

MAS Gold Corp. (TSXV:MAS) agreed to acquire Three Claims Totaling 1,462.6 hectares located Adjacent to MAS Gold’s Greywacke Lake Property from Eagle Plains Resources Ltd. (TSXV:EPL) for CAD 0.05 million.

MAS Gold Corp. Announces Commencement of Drilling on La Ronge Gold Belt Properties, Saskatchewan

MAS Gold Corp. Announces Commencement of Drill Programs At Greywacke Lake and Preview-North Properties, La Ronge Gold Belt, Saskatchewan

MAS Gold Corp. Announces Executive Changes

MAS Gold Corp. announced that it expects to receive CAD 2 million in funding

MAS Gold Corp., Annual General Meeting, Jan 21, 2021

Southern Empire Resources Corp. (TSXV:SMP) entered into a binding agreement to acquire MAS Gold Corp. (TSXV:MAS) for CAD 6.9 million.

MAS Gold and Southern Empire Receive Interim Order for Plan of Arrangement

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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