Pegmont Mines Limited announced consolidated earnings results for the half year ended June 30, 2017. For the period, the company reported revenue from continuing operations was negative $3,235 against revenue of $6,915 a year ago. Investment income was $5,564 against $850 a year ago. Net profit from ordinary activities after income tax was $226,738 against loss of $10,955 a year ago. Profit attributable to members of the Pegmont Mines NL and recognised directly in equity was $226,738 against loss of $10,955 a year ago. Basic earnings per share were 0.3 cents against loss per share of 0.01 cents a year ago. Net cash used in operating activities was $29,639 against $111,388 a year ago. Exploration expenditure was $22,145 against $34,584 a year ago.