Metalore Resources Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
February 15, 2021 at 11:21 pm IST
Metalore Resources Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was CAD 180,257 compared to CAD 211,726 a year ago. Operating loss was CAD 29,129 compared to CAD 3,732 a year ago. Net income was CAD 2.995 million compared to net loss of CAD 91,342 a year ago. Basic earnings per share from continuing operations was CAD 1.69 compared to basic loss per share from continuing operations of CAD 0.05 a year ago. For the nine months, total revenue was CAD 462,736 compared to CAD 442,959 a year ago. Operating loss was CAD 145,817 compared to CAD 106,120 a year ago. Net income was CAD 2.928 million compared to net loss of CAD 219,093 a year ago. Basic earnings per share from continuing operations was CAD 1.65 compared to basic loss per share from continuing operations of CAD 0.12 a year ago.