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Horizon Gold Full Year 2023 Earnings: AU$0.017 loss per share (vs AU$0.005 loss in FY 2022)

Horizon Gold (ASX:HRN) Full Year 2023 Results

Key Financial Results

  • Net loss: AU$2.14m (loss widened by 340% from FY 2022).

  • AU$0.017 loss per share (further deteriorated from AU$0.005 loss in FY 2022).

HRN Production and Reserves

Gold

  • Number of mines: 1 (1 in FY 2022)

earnings-and-revenue-history
earnings-and-revenue-history

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

In the last 12 months, the only revenue segment was Exploration contributing AU$135.0k. The most substantial expense, totaling AU$1.11m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how HRN's revenue and expenses shape its earnings.

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Horizon Gold shares are down 1.5% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Horizon Gold (including 3 which can't be ignored).

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.