Eastern Platinum Third Quarter 2022 Earnings: US$0.029 loss per share (vs US$0.018 loss in 3Q 2021)

Eastern Platinum (TSE:ELR) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$17.2m (up 8.1% from 3Q 2021).

  • Net loss: US$4.06m (loss widened by 62% from 3Q 2021).

  • US$0.029 loss per share (further deteriorated from US$0.018 loss in 3Q 2021).

earnings-and-revenue-history

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

Eastern Platinum shares are down 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Eastern Platinum (1 is a bit concerning!) that we have uncovered.

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.

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By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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