Canada Rare Earth Corp. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 0.792037 million compared to CAD 2.33 million a year ago. Net loss was CAD 0.042852 million compared to net income of CAD 0.115068 million a year ago.
For the nine months, sales was CAD 1.6 million compared to CAD 4.99 million a year ago. Net loss was CAD 0.556403 million compared to net income of CAD 0.116229 million a year ago.