22nd Jun 2022 12:27
Landore Resources Ltd - BAM gold project at Junior Lake in Ontario, Canada - Reports widened loss in 2021 as costs increase. Pretax loss increases to GBP4.0 million from GBP2.6 million in 2020. Exploration costs double to GBP2.9 million from GBP1.3 million. Firm started drilling at its Bam gold project at Junior Lake in Ontario, Canada in late May. "The group has no debt and believes it is capable of continuing to raise further equity as needed to carry out its development plans," Landore says.
Current stock price: 20.50 pence, down 3.6% on Wednesday
12-month change: down 33%
By Tom Budszus; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Landore