Pasinex Resources (TSE:PSE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Pasinex Resources Limited has submitted its Q1 2024 financial results, following a temporary trading halt due to delayed filings. The company reported a net income of approximately $0.3 million, a notable improvement from the $0.2 million net loss in the same period last year, primarily due to reduced exploration costs. Additionally, operational challenges surfaced with legal actions initiated by Horzum AS and decreased operating income amid rising costs.
For further insights into TSE:PSE stock, check out TipRanks’ Stock Analysis page.