Stock Analysis
- United Kingdom
- /
- Metals and Mining
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- LSE:ECOR
Ecora Resources Full Year 2023 Earnings: EPS Beats Expectations
Ecora Resources (LON:ECOR) Full Year 2023 Results
Key Financial Results
- Revenue: US$61.9m (down 56% from FY 2022).
- Net income: US$847.0k (down 99% from FY 2022).
- Profit margin: 1.4% (down from 67% in FY 2022).
- EPS: US$0.003 (down from US$0.40 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ecora Resources EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.1% 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 6.1% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Ecora Resources (1 is significant!) that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Ecora Resources 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 LSE:ECOR
Ecora Resources
Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.
Mediocre balance sheet low.