Canada Rare Earth Corp. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 2.33 million compared to CAD 0.126165 million a year ago. Net income was CAD 0.115068 million compared to net loss of CAD 0.202247 million a year ago.
For the nine months, sales was CAD 4.99 million compared to CAD 0.410297 million a year ago. Net income was CAD 0.116229 million compared to net loss of CAD 0.63185 million a year ago.