Rhyolite Resources Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was CAD 0.058818 million compared to CAD 2.28 million a year ago.
For the six months, net income was CAD 1.65 million compared to net loss of CAD 4.45 million a year ago. Basic earnings per share was CAD 0.02 compared to basic loss per share of CAD 0.04 a year ago. Diluted earnings per share was CAD 0.02 compared to diluted loss per share of CAD 0.04 a year ago.