Resolute Mining Swings to 2024 Loss Despite Higher Revenue; Shares Down 3%

MT Newswires Live

02/28

Resolute Mining (ASX:RSG) reported Friday 2024 loss per diluted share of $0.0101, compared with earnings of $0.0308 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting earnings per share of $0.05.

Revenue for the year ended Dec. 31, 2024, was about $801 million, up from $631.1 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected $800.4 million.

The company's shares fell almost 3% in recent Friday trade.

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Analysts surveyed by Visible Alpha expected $800.4 million.</p><p>The company's shares fell almost 3% in recent Friday trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RSG.AU","symbol_name":"RESOLUTE MINING LIMITED","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514631513","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514631513","pubTimestamp":1740705031,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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