Aurwest Resources Reports Strategic Shift Amidst Loss
Company Announcements

Aurwest Resources Reports Strategic Shift Amidst Loss

Aurwest Resources Corp. (TSE:AWR) has released an update.

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAurwest Sells Copper-Moly Project, Joins Interra Board
TipRanks Canadian Auto-Generated NewsdeskAurwest Resources Prioritizes Exploration After Q2 Loss
TipRanks Canadian Auto-Generated NewsdeskAurwest Resources CFO Resigns, Interim Successor Named
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App