In This Article:
Resolute Mining (ASX:RSG) Full Year 2024 Results
Key Financial Results
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Revenue: US$801.0m (up 27% from FY 2023).
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Net loss: US$28.3m (down by 143% from US$65.6m profit in FY 2023).
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US$0.013 loss per share (down from US$0.031 profit in FY 2023).
RSG Production and Reserves
Gold
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Production: 339.87 troy koz
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Proved and probable reserves (ore): 59.87 Mt (55.76 Mt in FY 2023)
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Number of mines: 2 (2 in FY 2023)
All figures shown in the chart above are for the trailing 12 month (TTM) period
Resolute Mining EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
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 Australia are expected to grow by 5.2%.
Performance of the Australian Metals and Mining industry.
The company's shares are up 5.6% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Resolute Mining's balance sheet and an in-depth analysis of the company's financial position.
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