Thor Explorations 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 36.59 million compared to USD 55.7 million a year ago. Net income was USD 2.26 million compared to USD 7.56 million a year ago. Basic earnings per share from continuing operations was USD 0.003 compared to USD 0.012 a year ago. Diluted earnings per share from continuing operations was USD 0.003 compared to USD 0.012 a year ago.
For the nine months, sales was USD 118.25 million compared to USD 121.92 million a year ago. Net income was USD 14.5 million compared to USD 17.77 million a year ago. Basic earnings per share from continuing operations was USD 0.022 compared to USD 0.028 a year ago. Diluted earnings per share from continuing operations was USD 0.022 compared to USD 0.028 a year ago.