Magellan Gold Corporation announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 393,468 compared to USD 321,067 a year ago. Net loss was USD 585,483 compared to USD 3.747 million a year ago. Basic loss per share was USD 0.1 compared to USD 1.05 a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 1 a year ago. For the nine months, operating loss was USD 686,589 compared to USD 770,291 a year ago. Net loss was USD 3.106 million compared to USD 4.600 million a year ago. Basic loss per share was USD 0.69 compared to USD 1.3 a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 1.19 a year ago.