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IN BRIEF: Jangada Mines Posts Widened Loss Amid One-Off Headwinds

Fri, 30th Oct 2020 15:05

Jangada Mines PLC - natural resources company - Pretax loss in 12 months to June 30 widens to USD1.7 million from USD1.6 million. Jangada posts USD546,000 in share of losses from associates, compared to none in year prior. Jangada notes it previously changed its year-end date to December 31 due to better "cost efficiencies in aligning its financial year end to that of ValOre Metals Corp".

Current stock price: 3.88 pence

Year-to-date change: up more than double from 1.65p

By Eric Cunha; ericcunha@alliancenews.com

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