Scotgold Resources Reports First Half 2023 Earnings
Scotgold Resources (LON:SGZ) First Half 2023 Results
Key Financial Results
Revenue: AU$9.49m (up 48% from 1H 2022).
Net loss: AU$9.47m (loss widened by 70% from 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scotgold Resources Earnings Insights
Looking ahead, revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 1.3% decline forecast for the Metals and Mining industry in the United Kingdom.
Performance of the British Metals and Mining industry.
The company's shares are down 61% from a week ago.
Be aware that Scotgold Resources is showing 5 warning signs in our investment analysis and 3 of those don't sit too well with us...
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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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