Starcore International Mines (TSE:SAM) Announces Earnings Results

Starcore International Mines (TSE:SAM) issued its quarterly earnings results on Friday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$13.53 million for the quarter. Starcore International Mines had a return on equity of 9.74% and a net margin of 12.07%.

Starcore International Mines Trading Up 8.8%

Shares of TSE:SAM opened at C$1.24 on Friday. Starcore International Mines has a 1 year low of C$0.13 and a 1 year high of C$1.51. The firm has a market capitalization of C$111.43 million, a price-to-earnings ratio of -35.89 and a beta of 0.09. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.69 and a quick ratio of 3.79. The business’s 50 day moving average price is C$1.09 and its 200-day moving average price is C$0.70.

Starcore International Mines Company Profile

Starcore International Mines Ltd is into the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization’s revenue comes from Bernal, Mexico.