Trigon Metals (CVE:TM) Full Year 2024 Results

Key Financial Results

• Revenue: US$9.59m (up by US$8.64m from FY 2023).

• Net income: US$20.1k (up from US$16.5m loss in FY 2023).

• Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.

• EPS: US$0.001 (up from US$0.48 loss in FY 2023).

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

Trigon Metals Earnings Insights

Looking ahead, revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Trigon Metals (of which 1 doesn't sit too well with us!) you should know about.

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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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