Enova Mining Reports Revenue Surge and Rising Losses

Enova Mining Limited (AU:ENV) has released an update.

Enova Mining Limited has reported a staggering 1050% increase in revenues, but also a significant loss, with figures showing a 4953.3% rise in losses after tax to $6,064,000 for the half-year ended June 30, 2024. In line with this financial performance, the company did not pay, recommend, or declare any dividends during this period. Shareholders saw a slight increase in net tangible assets per security from 0.93 cents to 0.96 cents.

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