Financial highlights of fourth quarter 2023 (Group, consolidated)
- Net sales amounted to KSEK 0 (Q4 2022: KSEK 0).
- Operating profit/loss after financial items totalled KSEK -1,101 (Q4 2022: KSEK -5,229).
- Earnings per share after financial items amounted to
SEK -0.08 (Q4 2022:SEK -0.8 ). - Cash flow from operating activities was KSEK –600 (Q4 2022: KSEK -5,908).
Financial highlights of the full year 2023 (Group, consolidated)
- Net sales amounted to KSEK 0 (FY 2022: KSEK 0).
- Operating profit/loss after financial items totalled KSEK – 11,553 (FY 2022: KSEK -12,907).
- Earnings per share after financial items amounted to
SEK -0.9 (FY 2022:SEK -1.2 ). - Cash flow from operating activities was KSEK -10,921 (FY 2022: KSEK -11,287).
Significant events in the fourth quarter
- Copper assays from Kopsa significantly strengthen previously reported drill results (2 November 2023).
Orior Capital initiates coverage ofNorthgold AB (24 November 2023).Northgold reports remaining 2023 gold and copper drill results from Kopsa, including 0.91 grams per tonne gold-equivalent over 105.2 metres (7 December2023).Northgold announced CEO Resignation (15 December2023).
Significant events after the period
- Kopsa gold-copper resource grows 37% to 0.75 million gold-equivalent ounces, with grade increasing 10% to 1.13 grams per tonne gold-equivalent (23 January 2024).
- Electromagnetic survey identifies new exploration targets beneath and southwest of the Kopsa resource, signaling new growth potential (
6 February 2024 ).
For the full report, please download the attached PDF. The full report is also available at: www.northgoldab.com/investors, under Financial reports.
For additional information, please contact the CEO:
Henrik Löfberg
Email: ir@northgoldab.com
Website: www.northgoldab.com
Follow us: www.linkedin.com/company/northgold
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