Atalaya Mining First Quarter 2024 Earnings: EPS: €0.015 (vs €0.081 in 1Q 2023)

Atalaya Mining (LON:ATYM) First Quarter 2024 Results

Key Financial Results

• Revenue: €69.9m (down 23% from 1Q 2023).
• Net income: €2.03m (down 82% from 1Q 2023).
• Profit margin: 2.9% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.015 (down from €0.081 in 1Q 2023).

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

Atalaya Mining Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.4% 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 down 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Atalaya Mining's balance sheet health.

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