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Peel Mining Full Year 2023 Earnings: AU$0.003 loss per share (vs AU$0.007 loss in FY 2022)

Peel Mining (ASX:PEX) Full Year 2023 Results

Key Financial Results

  • Net loss: AU$1.48m (loss narrowed by 57% from FY 2022).

  • AU$0.003 loss per share (improved from AU$0.007 loss 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

Peel Mining Earnings Insights

Looking ahead, revenue is forecast to grow 120% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Australia.

Performance of the Australian Metals and Mining industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Peel Mining you should be aware of, and 1 of them is a bit unpleasant.

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.