Prairie Storm Resources Corp. Announces Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2020
April 29, 2021 at 04:01 pm EDT
Prairie Storm Resources Corp. announced audited consolidated earnings results for the fourth quarter and year ended December 31, 2020. For the quarter, the company reported production revenue of $26,590 compared to $31,810 a year ago. Net loss was $1,637,000 or $0.02 per basic and diluted share compared to $824,000 or $0.01 per basic and diluted share a year ago.
For the year, the company reported production revenue of $22,400 compared to $32,230 a year ago. Net loss was $19,059,000 or $0.24 per basic and diluted share compared to $1,780,000 or $0.02 per basic and diluted share a year ago.