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Lexington Gold Ltd - gold exploration and development company with projects in the US states of North and South Carolina - Says the first half of the year was ‘particularly successful’ as it reports a slightly widened loss. In the six months ended June 30, Lexington reports a pretax loss of $402,000, widened from $367,000 the year prior as its operating expenses tick up to $397,000 from $363,000. Says it spent the first half of 2023 assessing new gold exploration opportunities, as well as the advancement of its existing US projects. As at June 30, the company’s assets total $5.2 million, up from $5.1 million as at December 31.
Current stock price: 5.81 pence, down 6.3% in London on Monday afternoon
12-month change: up 84%
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