Canada Rare Earth Corp. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was CAD 0.043666 million compared to CAD 0.383658 million a year ago. Net loss was CAD 0.355495 million compared to net income of CAD 0.055038 million a year ago.
For the full year, sales was CAD 1.64 million compared to CAD 5.38 million a year ago. Net loss was CAD 0.911898 million compared to net income of CAD 0.171267 million a year ago.