Monarca Minerals Inc. reported earnings results for the second quarter and six months ended May 31, 2022. For the second quarter, the company reported net loss was CAD 0.300277 million compared to CAD 0.33854 million a year ago. Basic loss per share from continuing operations was CAD 0.0024 compared to CAD 0.0028 a year ago.
For the six months, net loss was CAD 0.491887 million compared to CAD 0.773029 million a year ago. Basic loss per share from continuing operations was CAD 0.0039 compared to CAD 0.0065 a year ago.