Sunshine Oilsands (HK:2012) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Sunshine Oilsands Ltd. reported a net loss of CAD 22.1 million for the first quarter of 2024, nearly doubling the loss from the same period last year, which was CAD 11.6 million. Despite the increased losses, average daily sales of Dilbit rose to 1,665.4 barrels. The Company’s shareholders’ equity also saw a decrease from CAD 91,047 at the end of 2023 to CAD 68,830 by March 31, 2024.
For further insights into HK:2012 stock, check out TipRanks’ Stock Analysis page.