Energold Drilling Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Provides Earnings Guidance for the Last Six Months 2018
For the six months, the company reported total revenue of CAD 47,644,000 compared to CAD 36,913,000 a year ago. Operating loss was CAD 1,968,000 compared to CAD 5,538,000 a year ago. Net loss was CAD 4,686,000 compared to CAD 7,650,000 a year ago.
The company is forecasting the situation where its EBITDA is positive now for the first 6 months, and certainly, the company is looking forward to the same in the next 6 months.