Atalaya Mining Second Quarter 2024 Earnings: EPS: €0.11 (vs €0.068 in 2Q 2023)

Atalaya Mining (LON:ATYM) Second Quarter 2024 Results

Key Financial Results

• Revenue: €92.2m (up 17% from 2Q 2023).
• Net income: €15.1m (up 58% from 2Q 2023).
• Profit margin: 16% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.11 (up from €0.068 in 2Q 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 14% 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 7.8% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Atalaya Mining's balance sheet health.

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