Aurwest Resources Corp. (TSE:AWR) has released an update.
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Aurwest Resources Corporation reported a net loss of $4,061,348 for the year 2023, which includes a significant asset write-off, but successfully reduced operating costs by 38%. The company emphasized efforts to minimize future capital obligations while shifting focus to the Stars Copper project in British Columbia. Aurwest finished the year with consolidated cash and equivalents of $69,997.
For further insights into TSE:AWR stock, check out TipRanks’ Stock Analysis page.