In This Article:
Lithium Royalty (TSE:LIRC) Full Year 2024 Results
Key Financial Results
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Net loss: US$2.73m (loss narrowed by 46% from FY 2023).
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US$0.05 loss per share (improved from US$0.094 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lithium Royalty EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) exceeded analyst estimates by 20%.
Looking ahead, revenue is forecast to grow 56% 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 13% from a week ago.
Valuation
If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Lithium Royalty could be a good place to look. Discover what analysts are forecasting and how the current share price shapes up by clicking here.
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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.