Inception Mining, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 02:02 pm EST
Inception Mining, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating income was USD 175,166 compared to USD 798,596 a year ago. Net income was USD 1.051 million compared to USD 2.337 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago. For the nine months, operating loss was USD 96,906 compared to USD 262,431 a year ago. Net income was USD 2.632 million compared to net loss of USD 16.638 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.3 a year ago. Diluted eps - continuing operations was USD 0 compared to diluted loss per share from continuing operations of USD 0.3 a year ago.