Transition Metals Corp. reported earnings results for the third quarter and nine months ended May 31, 2022. For the third quarter, the company reported net loss was CAD 1.53 million compared to net income of CAD 0.491619 million a year ago. Basic loss per share from continuing operations was CAD 0.03 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 0.03 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.
For the nine months, net loss was CAD 3.21 million compared to net income of CAD 4.36 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to basic earnings per share from continuing operations of CAD 0.08 a year ago. Diluted loss per share from continuing operations was CAD 0.06 compared to diluted earnings per share from continuing operations of CAD 0.08 a year ago.