IN BRIEF: Katoro Gold sees interim loss narrow on lower costs

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Katoro Gold PLC - London-based metal exploration company - Reports pretax loss of £483,175 for half-year period ended June 30, narrowed from £771,791 a year before. This is due to an unrepeated share-based payments transaction of £162,700 in the prior period and other income of £142,045 in this period. Records no revenue, unchanged from a year before. Says it is currently assessing ‘various’ new projects to further diversify its portfolio and unlock value-enhancing opportunities. Says it is already in ‘advanced discussions’ with a number of parties.

Current stock price: 0.30 pence

12-month change: down 71%

Copyright 2022 Alliance News Limited. All Rights Reserved.