Yahoo Finance EQ Resources First Half 2024 Earnings: AU$0.005 loss per share (vs AU$0.003 loss in 1H 2023)
EQ Resources (ASX:EQR) First Half 2024 Results
Key Financial Results
Revenue: AU$6.65m (up 45% from 1H 2023).
Net loss: AU$7.81m (loss widened by 116% from 1H 2023).
AU$0.005 loss per share (further deteriorated from AU$0.003 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
EQ Resources Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Australia.
Performance of the Australian Metals and Mining industry.
The company's shares are up 4.1% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 4 warning signs for EQ Resources that you should be aware of.
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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.
