MEC Resources Ltd (AU:MMR) has released an update.
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MEC Resources Ltd has reported a net loss of $492,526 for the financial year ended June 30, 2024, marking an 11.81% improvement from the previous year’s loss. The company announced no dividends, maintaining its position from the previous period, and revealed a slight increase in net tangible asset backing per share from (0.78) to (0.68) cents.
For further insights into AU:MMR stock, check out TipRanks’ Stock Analysis page.