Golden Valley Mines And Royalties Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was CAD 0.56067 million compared to CAD 0.324145 million a year ago. Net loss was CAD 1.27 million compared to net income of CAD 3.02 million a year ago. Basic loss per share from continuing operations was CAD 0.092 compared to basic earnings per share from continuing operations of CAD 0.224 a year ago. Diluted loss per share from continuing operations was CAD 0.092 compared to diluted earnings per share from continuing operations of CAD 0.214 a year ago.
For the nine months, revenue was CAD 1.65 million compared to CAD 0.774628 million a year ago. Net loss was CAD 3.54 million compared to net income of CAD 6.08 million a year ago. Basic loss per share from continuing operations was CAD 0.26 compared to basic earnings per share from continuing operations of CAD 0.451 a year ago. Diluted loss per share from continuing operations was CAD 0.26 compared to diluted earnings per share from continuing operations of CAD 0.427 a year ago.