Energold Drilling Corp. reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of CAD 20,823,000 against CAD 23,273,000 a year ago. Total loss was CAD 4,117,000 or CAD 0.08 per diluted share against CAD 1,326,000 or CAD 0.03 per diluted share a year ago. EBITDA was CAD 1,392,000 against LBITDA of CAD 731,000 a year ago. Adjusted loss was CAD 3,237 million or CAD 0.07 per diluted share against CAD 3,404,000 or CAD 0.07 per diluted share a year ago. Lower year-over-year revenue is due mostly to the decline in the mineral drilling as well as the manufacturing segment, although the Company realized strong offsetting results in the energy business.

For the six months, the company reported total revenue of CAD 57,863,000 against CAD 77,137,000 a year ago. Total loss was CAD 2,701,000 or CAD 0.05 per diluted share against total earnings of CAD 2,162,000 or CAD 0.05 per diluted share a year ago. EBITDA was CAD 4,749,000 against CAD 9,439,000 a year ago. Adjusted loss was CAD 1,431,000 or CAD 0.03 per diluted share against adjusted earnings of CAD 3,906,000 or CAD 0.08 per diluted share a year ago.