Transition Metals Corp. reported earnings results for the second quarter and six months ended February 28, 2023. For the second quarter, the company reported net loss was CAD 0.455404 million compared to net income of CAD 0.705702 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.
For the six months, net loss was CAD 1.6 million compared to CAD 1.68 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago.