Monarca Minerals Inc. reported earnings results for the third quarter and nine months ended August 31, 2022. For the third quarter, the company reported net loss was CAD 0.227816 million compared to CAD 0.374271 million a year ago. Basic loss per share from continuing operations was CAD 0.0018 compared to CAD 0.0031 a year ago.
For the nine months, net loss was CAD 0.719704 million compared to CAD 1.15 million a year ago. Basic loss per share from continuing operations was CAD 0.0057 compared to CAD 0.0096 a year ago.