Orvana Minerals Corp. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 15.93 million compared to USD 22.3 million a year ago. Net income was USD 1.71 million compared to net loss of USD 0.472 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
For the six months, sales was USD 36.05 million compared to USD 45.28 million a year ago. Net loss was USD 5.5 million compared to USD 0.338 million a year ago. Basic loss per share from continuing operations was USD 0.04. Diluted loss per share from continuing operations was USD 0.04.