Ferro-Alloy Resources Full Year 2024 Earnings: US$0.02 loss per share (vs US$0.012 loss in FY 2023)

Ferro-Alloy Resources (LON:FAR) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.74m (down 17% from FY 2023).
• Net loss: US$9.43m (loss widened by 80% from FY 2023).
• US$0.02 loss per share (further deteriorated from US$0.012 loss in FY 2023).

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

Ferro-Alloy Resources Earnings Insights

Looking ahead, revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 2.3%.

Performance of the British Metals and Mining industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Ferro-Alloy Resources (3 don't sit too well with us!) that you need to be mindful of.

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