Desert Mountain Energy Full Year 2023 Earnings: CA$0.14 loss per share (vs CA$0.10 loss in FY 2022)

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Desert Mountain Energy (CVE:DME) Full Year 2023 Results

Key Financial Results

  • Net loss: CA$11.6m (loss widened by 54% from FY 2022).

  • CA$0.14 loss per share (further deteriorated from CA$0.10 loss in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

Desert Mountain Energy shares are up 21% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Desert Mountain Energy you should be aware of, and 2 of them are concerning.

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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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