Asante Gold Corporation reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was CAD 131.01 million compared to CAD 116.28 million a year ago. Net loss was CAD 47.66 million compared to CAD 67.69 million a year ago. Basic loss per share from continuing operations was CAD 0.11 compared to CAD 0.19 a year ago.
For the nine months, sales was CAD 398.64 million compared to CAD 116.28 million a year ago. Net loss was CAD 178.2 million compared to CAD 105.31 million a year ago. Basic loss per share from continuing operations was CAD 0.42 compared to CAD 0.33 a year ago.