Magellan Gold Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 04:15 pm EST
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.