IN BRIEF: Empire Metals swings to loss on lack of disposal gain

Wed, 14th Sep 2022 14:09

Empire Metals Ltd - London-based minerals explorer and developer - Swings to a pretax loss of GBP588,808 for the six months to June 30, from a profit of GBP682,770 a year earlier, as a result of a gain of GBP1.8 million derived from the prior year's sale of Georgian Copper & Gold JSC.

Empire says it looks to the future with a sense of "renewed optimism and excitement".

Current stock price: flat at 1.08 pence

12-month change: down 40%

By Xindi Wei; xindiwei@alliancenews.com

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