Magellan Gold Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 30, 2020 at 06:18 am EDT
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.