Silver Bear Resources Plc 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 27.83 million compared to net income of CAD 89.76 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to basic earnings per share from continuing operations of CAD 0.13 a year ago. Diluted loss per share from continuing operations was CAD 0.04 compared to diluted earnings per share from continuing operations of CAD 0.13 a year ago.
For the six months, net loss was CAD 49.94 million compared to net income of CAD 63.67 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to basic earnings per share from continuing operations of CAD 0.09 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to diluted earnings per share from continuing operations of CAD 0.09 a year ago.