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Pin to quick picksOrosur Mining Share News (OMI)

Share Price Information for Orosur Mining (OMI)

London Stock Exchange
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Share Price: 16.10
Bid: 16.00
Ask: 17.00
Change: 0.00 (0.00%)
Spread: 1.00 (6.25%)
Open: 16.50
High: 16.10
Low: 15.75
Yest. Close: 16.50
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IN BRIEF: Orosur Mining Loss Narrows On Administrative Expense Cut

Thu, 15th Oct 2020 13:20

Orosur Mining Inc - Toronto-based mineral exploration firm focused on Columbia and Uruguay - Posts a pretax loss of USD2.0 million in the financial year that ended May 31, narrowing from USD2.4 million, after corporate and administration expenses were reduced to USD1.5 million from USD1.8 million.

Going forward, Chief Exeuctive Brad George says: "2020 however marks a new chapter where we shift focus to Colombia and the Anza project, with our partners Newmont and Agnico. Covid-19 has clearly presented challenges, but with careful planning and operation, we hope to be active toward the end of calendar 2020, setting the foundation for an exciting 2021."

Current stock price: 31.35 pence, up 22% on day

Year-to-date change: up substantially from 3.00p on December 30

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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