Galantas Gold (TSE:GAL) has released an update.
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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.