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IN BRIEF: Katoro Gold sees interim loss narrow on lower costs

16th Sep 2022 11:06

Katoro Gold PLC - London-based metal exploration company - Reports pretax loss of GBP483,175 for half-year period ended June 30, narrowed from GBP771,791 a year before. This is due to an unrepeated share-based payments transaction of GBP162,700 in the prior period and other income of GBP142,045 in this period. Records no revenue, unchanged from a year before. Says it is currently assessing "various" new projects to further diversify its portfolio and unlock value-enhancing opportunities. Says it is already in "advanced discussions" with a number of parties.

Current stock price: 0.30 pence

12-month change: down 71%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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