Metalla Royalty & Streaming Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
Metalla Royalty & Streaming ( CVE:MTA ) Third Quarter 2023 Results
Key Financial Results
Net loss: US$2.13m (loss narrowed by 16% from 3Q 2022).
US$0.04 loss per share (improved from US$0.057 loss in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Metalla Royalty & Streaming Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 41%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 2.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 3 warning signs for Metalla Royalty & Streaming you should be aware of.
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