Sunstock, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 16, 2022 at 11:34 am EDT
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Sunstock, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 3.25 million compared to USD 2.95 million a year ago. Net income was USD 0.102893 million compared to net loss of USD 1.47 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.45 a year ago.
Sunstock, Inc. is engaged in buying, selling, and distributing precious metals. The Company is primarily focused on gold. The Company operates one precious metal retail store under the Mom's Silver Shop name in Sacramento, California. The Mom's Silver Shop specializes in buying and selling gold, silver, and rare coins, and is a precious metals retailer. The Company is also engaged in acquiring mining assets as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The Company intends to focus on projects that already own amounts of unrefined but already mined-gold ore and other precious metals.
SUNSTOCK, INC. 
