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Canada's Goldmoney Q1 tangible equity rises 3.6% QoQ

Canada's Goldmoney Q1 tangible equity rises 3.6% QoQ


Overview

  • Canada precious metals trading firm's fiscal Q1 tangible equity rose 3.6% QoQ

  • Tangible equity per share increased 4.0% QoQ in fiscal Q1

  • Company repurchased and cancelled 40,600 shares during the quarter


Outlook

  • Company did not provide specific guidance or outlook for current or future periods


Result Drivers

  • TANGIBLE EQUITY GROWTH - Co highlighted increases in group tangible equity and tangible equity per share in fiscal Q1

  • SHARE REPURCHASE - Co repurchased and cancelled 40,600 common shares during the quarter


Company press release: ID:nNFC7VcRHZ


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Net Income

C$4.37 mln


Reuters Recommended Reads

  • Aug 5 - Canada's Sprott Q2 net income more than doubles on higher average AUM

  • Aug 5 - Canada's Gold Royalty Q2 revenue rises 76% yr/yr

  • Aug 6 - Ariana Resources targets 2028 gold production from rare Zimbabwe greenfield mine


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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