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IN BRIEF: SolGold shares plunge as interim loss widens on higher costs

Thu, 15th Feb 2024 12:41

SolGold PLC - Ecuador-focused copper and gold exploration company - Says pretax loss widens to USD21.9 million in the six months to December 30 from USD17.6 million the year before. This was partly due to finance costs rising to USD8.1 million from USD5.5 million the year prior. Sol Gold did not generate any revenue for the half-year, unchanged from a year ago.

Current stock price: 6.13 pence, down 13%

12-month change: down 55%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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