Monarca Minerals Inc. reported earnings results for the second quarter and six months ended May 31, 2023. For the second quarter, the company reported net loss was CAD 0.19374 million compared to CAD 0.300277 million a year ago. Basic loss per share from continuing operations was CAD 0.0015 compared to CAD 0.0024 a year ago.
For the six months, net loss was CAD 0.376419 million compared to CAD 0.491887 million a year ago. Basic loss per share from continuing operations was CAD 0.0029 compared to CAD 0.0039 a year ago.