49 North Resources Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative revenue was CAD 0.569 million compared to revenue of CAD 0.251 million a year ago. Net loss was CAD 0.809 million compared to net income of CAD 0.013 million a year ago.
For the nine months, negative revenue was CAD 1.4 million compared to CAD 6.58 million a year ago. Net loss was CAD 2.14 million compared to CAD 7.69 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.05 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.05 a year ago.