Chaarat Gold Holdings First Half 2023 Earnings: US$0.037 loss per share (vs US$0.004 loss in 1H 2022)

Chaarat Gold Holdings (LON:CGH) First Half 2023 Results

Key Financial Results

• Revenue: US$35.3m (down 30% from 1H 2022).
• Net loss: US$25.7m (loss widened by US$23.0m from 1H 2022).
• US$0.037 loss per share (further deteriorated from US$0.004 loss in 1H 2022).

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

Chaarat Gold Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 75% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.

Performance of the British Metals and Mining industry.

The company's shares are down 21% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Chaarat Gold Holdings (1 shouldn't be ignored!) that you need to be mindful of.

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