Yahoo Finance Lucara Diamond Full Year 2023 Earnings: US$0.044 loss per share (vs US$0.089 profit in FY 2022)
Lucara Diamond (TSE:LUC) Full Year 2023 Results
Key Financial Results
Revenue: US$177.4m (down 17% from FY 2022).
Net loss: US$20.2m (down by 150% from US$40.4m profit in FY 2022).
US$0.044 loss per share (down from US$0.089 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lucara Diamond Earnings Insights
Looking ahead, revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 13%.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 6.3% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Lucara Diamond that you need to be mindful of.
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