Yahoo Finance GoGold Resources Second Quarter 2024 Earnings: EPS: US$0.004 (vs US$0.011 loss in 2Q 2023)
GoGold Resources (TSE:GGD) Second Quarter 2024 Results
Key Financial Results
Revenue: US$8.94m (up 18% from 2Q 2023).
Net income: US$1.27m (up from US$3.31m loss in 2Q 2023).
Profit margin: 14% (up from net loss in 2Q 2023).
EPS: US$0.004 (up from US$0.011 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GoGold Resources Earnings Insights
Looking ahead, revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are up 1.4% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of GoGold Resources' balance sheet and an in-depth analysis of the company's financial position.
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