Magellan Gold Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 124,136 compared to USD 293,264 a year ago. Net loss was USD 2.246 million compared to USD 515,218 a year ago. Basic loss per share was USD 0.54 compared to USD 0.14 a year ago. Basic loss per share from continuing operations was USD 0.54 compared to USD 0.11 a year ago. For the half year, operating loss was USD 294,121 compared to USD 449,924 a year ago. Net loss was USD 2.521 million compared to USD 852,109 a year ago. Basic loss per share was USD 0.67 compared to USD 0.24 a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.18 a year ago.