Bearing Lithium Corp. reported earnings results for the third quarter and nine months ended July 31, 2022. For the third quarter, the company reported net loss was CAD 0.785313 million compared to net income of CAD 0.849087 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.
For the nine months, net income was CAD 2.74 million compared to CAD 1.82 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to CAD 0.02 a year ago.