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New Stratus Energy: Promising Start Despite Losses

New Stratus Energy: Promising Start Despite Losses

New Stratus Energy (TSE:NSE) has released an update.

Confident Investing Starts Here:

New Stratus Energy Inc. reported its first quarter financial results, with a $26.6 million working capital and a net loss of $4.6 million. The company’s operations at Goldpillar generated over $1.4 million in revenue and $1.3 million in EBITDA, indicating a promising start and an expected increase in performance in the following quarters.

For further insights into TSE:NSE stock, check out TipRanks’ Stock Analysis page.

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