Robex Resources Second Quarter 2024 Earnings: CA$0.018 loss per share (vs CA$0.051 profit in 2Q 2023)

Robex Resources (CVE:RBX) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$39.3m (up 35% from 2Q 2023).
• Net loss: CA$187.7k (down by 104% from CA$4.59m profit in 2Q 2023).
• CA$0.018 loss per share (down from CA$0.051 profit in 2Q 2023).

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

Robex Resources Earnings Insights

Looking ahead, revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Robex Resources you should know about.

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