Galantas Gold (TSE:GAL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Galantas Gold Corporation reported a net loss of $740,629 for the third quarter of 2024, an improvement from the $1,313,355 loss in the same period last year. Despite no sales revenue reported, the company saw a positive cash inflow from operating activities before changes in non-cash working capital amounting to $21,801. The company’s working capital deficit slightly increased to $14,098,845 as of September 30, 2024.
For further insights into TSE:GAL stock, check out TipRanks’ Stock Analysis page.