Stock Analysis
Serabi Gold (LON:SRB) Full Year 2023 Results
Key Financial Results
- Revenue: US$63.7m (up 8.5% from FY 2022).
- Net income: US$6.58m (up from US$983.0k loss in FY 2022).
- Profit margin: 10% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue.
- EPS: US$0.087 (up from US$0.013 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Serabi Gold EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%.
Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom.
Performance of the British Metals and Mining industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Serabi Gold has 2 warning signs we think you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Serabi Gold is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About AIM:SRB
Serabi Gold
Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.
Flawless balance sheet and undervalued.