Sotkamo Silver (NGM:SOSI) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr114.0m (up 1.3% from 3Q 2023).
- Net income: kr32.0m (up 186% from 3Q 2023).
- Profit margin: 28% (up from 10.0% in 3Q 2023). The increase in margin was primarily driven by lower expenses.
- EPS: kr0.11 (up from kr0.039 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sotkamo Silver Earnings Insights
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Metals and Mining industry in Sweden.
Performance of the Swedish Metals and Mining industry.
The company’s shares are up 31% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Sotkamo Silver has 3 warning signs (and 2 which are potentially serious) we think 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.