Sotkamo Silver Q3 2022 Results: Revenues Disappoint


Sotkamo Silver (NGM:SOSI) Third Quarter 2022 Results

Main financial results

  • Revenue: 66.3 million kr (down 18% compared to Q3 2021).
  • Net loss: 26.8 million kr (extended loss of 87% compared to Q3 2021).
  • Loss of 0.13 kr per share (further deteriorated from loss of 0.071 kr in Q3 2021).
NGM: SOSI Earnings and Revenue Growth October 25, 2022

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

Sotkamo Silver Earnings Overview

Looking ahead, revenues are expected to grow by an average of 2.5% per year over the next 3 years, compared to a decline of 3.9% forecast for the metals and mining industry in Sweden.

Performance of the Swedish metal and mining industry.

Shares of the company are down 19% from a week ago.

Risk analysis

You should always think about the risks. Concrete example, we spotted 1 warning sign for Sotkamo Silver you should be aware.

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