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

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.

Empire Metals Ltd - London-based minerals explorer and developer - Swings to a pretax loss of £588,808 for the six months to June 30, from a profit of £682,770 a year earlier, as a result of a gain of £1.8 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%

Copyright 2022 Alliance News Limited. All Rights Reserved.