Canada Rare Earth Corp. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was CAD 1.94 million compared to CAD 0.094519 million a year ago. Net income was CAD 0.09669 million compared to net loss of CAD 0.248604 million a year ago.
For the six months, sales was CAD 2.66 million compared to CAD 0.284132 million a year ago. Net income was CAD 0.001161 million compared to net loss of CAD 0.429604 million a year ago.