Calibre Mining (TSE:CXB) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$113.7m (down 21% from 3Q 2023).
- Net income: US$954.0k (down 96% from 3Q 2023).
- Profit margin: 0.8% (down from 16% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: US$0.001 (down from US$0.051 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Calibre Mining Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company’s shares are down 14% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Calibre Mining has 3 warning signs (and 2 which shouldn’t be ignored) we think you should know about.
