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Capital Metals Nears Profitability: Analysts Predict Breakeven by 2028
20 Aug
Summary
- Capital Metals expected to post final loss in 2027, turn profitable in 2028
- Analysts forecast 90% average annual growth to reach breakeven point
- Company currently operates debt-free, reducing financial risks
Capital Metals plc, a UK-based mineral sands exploration and development company, is nearing a critical milestone in its operations. According to the latest analysis, the company is expected to post a final loss of $1.1 million in its 2027 fiscal year before turning a profit of $200,000 the following year.
This signals that the company is poised to reach the breakeven point in approximately 3 years, a significant achievement for the $24 million market-cap firm. Analysts have high confidence in Capital Metals' growth potential, projecting an average annual growth rate of 90% to reach this profitability milestone by 2028.
One notable aspect of Capital Metals' financial position is that the company currently operates without any debt on its balance sheet, which is unusual for a metals and mining firm. This debt-free status reduces concerns around repayments and makes the company a less risky investment.
While the article does not delve into the specifics of Capital Metals' upcoming projects, the high growth rate projected by analysts suggests the company is in an active investment phase, which is common for businesses in the metals and mining industry.
