Steppe Gold Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 15.77 million compared to USD 21.71 million a year ago. Net income was USD 3.33 million compared to USD 11.13 million a year ago. Basic earnings per share from continuing operations was USD 0.031 compared to USD 0.159 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.13 a year ago.
For the nine months, sales was USD 39.56 million compared to USD 44.4 million a year ago. Net income was USD 9.76 million compared to USD 11.37 million a year ago. Diluted earnings per share from continuing operations was USD 0.108 compared to USD 0.132 a year ago.