Inception Mining, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 15, 2020 at 01:16 am IST
Inception Mining, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 121,240 compared to USD 124,549 a year ago. Net income was USD 450,609 compared to net loss of USD 15.188 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.27 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 0.27 a year ago. For the half year, operating loss was USD 272,072 compared to USD 1.061 million a year ago. Net income was USD 1.581 million compared to net loss of USD 18.975 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.34 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 0.34 a year ago.