Val-d'Or Mining Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 0.024 million compared to CAD 0.018 million a year ago. Revenue was CAD 0.044823 million compared to CAD 0.032505 million a year ago. Net income was CAD 1.13 million compared to net loss of CAD 0.399968 million a year ago. Basic earnings per share from continuing operations was CAD 0.014 compared to basic loss per share from continuing operations of CAD 0.005 a year ago. Diluted earnings per share from continuing operations was CAD 0.014 compared to diluted loss per share from continuing operations of CAD 0.005 a year ago.
For the six months, sales was CAD 0.048 million compared to CAD 0.018 million a year ago. Revenue was CAD 0.097982 million compared to CAD 0.032505 million a year ago. Net income was CAD 0.673561 million compared to net loss of CAD 0.589418 million a year ago. Basic earnings per share from continuing operations was CAD 0.008 compared to basic loss per share from continuing operations of CAD 0.008 a year ago. Diluted earnings per share from continuing operations was CAD 0.008 compared to diluted loss per share from continuing operations of CAD 0.008 a year ago.