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Galantas Gold ( (TSE:GAL) ) has issued an update.
Galantas Gold Corporation reported a net loss of $1,225,116 for the first quarter of 2025, an increase from the $653,616 loss in the same period in 2024. Despite no revenue from concentrate sales, the company maintained a focus on safety and regulatory compliance, although it faced a significant working capital deficit of $17,274,760, reflecting ongoing financial challenges.
More about Galantas Gold
Galantas Gold Corporation operates in the mining industry, focusing on gold exploration and production. The company is involved in the development and operation of the Omagh Gold Project in Northern Ireland, with a commitment to safety and environmental compliance.
For detailed information about GAL stock, go to TipRanks’ Stock Analysis page.