Western Magnesium Corporation reported earnings results for the second quarter and six months ended April 30, 2022. For the second quarter, the company reported net income was USD 1.18 million compared to net loss of USD 0.40391 million a year ago.
For the six months, net loss was USD 13.77 million compared to USD 2.55 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.01 a year ago.