Pegmont Mines Limited announced consolidated earnings results for the half year ended June 30, 2018. For the period, the company reported net profit from ordinary activities for half year after income tax of AUD 425,622 against AUD 226,738 a year ago. Profit for half year attributable to members of company and recognizes directly in equity was AUD 425,622 or 0.6 cents per basic share against AUD 226,738 or 0.3 cents per basic share a year ago. Net tangible assets per share were 5.1 cents. Net cash used in operating activities was AUD 129,778 against AUD 29,639 a year ago. Exploration expenditure was AUD 99,249 against AUD 22,145 a year ago.