Chaarat Gold Holdings First Half 2023 Earnings: US$0.037 loss per share (vs US$0.004 loss in 1H 2022)

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Chaarat Gold Holdings (LON:CGH) First Half 2023 Results

Key Financial Results

  • Revenue: US$35.3m (down 30% from 1H 2022).

  • Net loss: US$25.7m (loss widened by US$23.0m from 1H 2022).

  • US$0.037 loss per share (further deteriorated from US$0.004 loss in 1H 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

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

Chaarat Gold Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 75% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.

Performance of the British Metals and Mining industry.

The company's shares are down 21% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Chaarat Gold Holdings (1 is a bit concerning!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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