Canada Rare Earth Corp. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was CAD 0.043022 million compared to CAD 1.94 million a year ago. Net loss was CAD 0.386866 million compared to net income of CAD 0.09669 million a year ago.
For the six months, sales was CAD 0.804424 million compared to CAD 2.66 million a year ago. Net loss was CAD 0.513552 million compared to net income of CAD 0.001161 million a year ago.