Monarca Minerals Inc. announced earnings results for the second quarter ended May 31, 2021. For the second quarter, the company announced net loss was CAD 338,540 compared to net income of CAD 223,932 a year ago. Basic loss per share from continuing operations was CAD 0.0028 compared to basic earnings per share from continuing operations of CAD 0.0045 a year ago. For the half year, net loss was CAD 773,029 compared to net income of CAD 97,982 a year ago. Basic loss per share from continuing operations was CAD 0.0065 compared to basic earnings per share from continuing operations of CAD 0.002 a year ago.