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IN BRIEF: Bacanora Lithium annual loss widens on increase in costs

Mon, 08th Mar 2021 17:47

Bacanora Lithium PLC - developer of Sonora lithium project in Mexico - For 2020, pretax loss widens to USD11.8 million from USD4.9 million the year before, due to a rise in expenses. During the year, completes its 50% share of the funding requirement of the Sonora project, and is focused on finishing engineering processes allowing construction activities to start.

Current stock price: 40.00 pence

Year-to-date change: down 38%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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