Sunstock, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 06:11 am
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Sunstock, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 6.148 million compared to USD 414,565 a year ago. Operating loss was USD 8.557 million compared to USD 5.305 million a year ago. Net loss was USD 10.125 million compared to USD 9.437 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.09 a year ago.
Sunstock, Inc. is engaged in buying, selling, and distributing precious metals. The Company is primarily focused on gold. The Company operates one precious metal retail store under the Mom's Silver Shop name in Sacramento, California. The Mom's Silver Shop specializes in buying and selling gold, silver, and rare coins, and is a precious metals retailer. The Company is also engaged in acquiring mining assets as well as rights to purchase mining production and to sell these metals primarily through retail channels, including their own branded coins. The Company intends to focus on projects that already own amounts of unrefined but already mined-gold ore and other precious metals.
SUNSTOCK, INC. 
