Desert Mountain Energy Corp. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was CAD 0.621166 million. Net loss was CAD 1.71 million compared to CAD 2.2 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago.
For the six months, sales was CAD 1 million. Net loss was CAD 3.73 million compared to CAD 3.26 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.05 a year ago.