Precipitate Gold Corp. reported earnings results for the second quarter and six months ended May 31, 2023. For the second quarter, the company reported net loss was CAD 0.243986 million compared to net income of CAD 3.51 million a year ago.
For the six months, net loss was CAD 0.707772 million compared to net income of CAD 3.26 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.03 a year ago.