MEC Resources Ltd Stabilizes Year-End Losses
Company Announcements

MEC Resources Ltd Stabilizes Year-End Losses

MEC Resources Ltd (AU:MMR) has released an update.

MEC Resources Ltd reports a 21.92% decrease in net loss for the fiscal year ended June 30, 2023, with losses totaling $558,503 and no dividends declared. The company also reported a consistent net tangible asset backing per share compared to the previous year. These financial results highlight the company’s performance and strategic focus during the year.

For further insights into AU:MMR stock, check out TipRanks’ Stock Analysis page.

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