Monarch Gold Corporation announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced sales was CAD 0 compared to CAD 3.144 million a year ago. Operating loss was CAD 2.783 million compared to operating Income of CAD 198,012 a year ago. Net loss was CAD 2.531 million compared to net income of CAD 1.178 million a year ago. Basic loss per share from continuing operations was CAD 0.009 compared to basic earnings per share from continuing operations of CAD 0.005 a year ago.