Imperial Metals Corporation reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CAD 146.1 million compared to CAD 78.49 million a year ago. Net income was CAD 32.27 million compared to net loss of CAD 2.91 million a year ago. Basic earnings per share from continuing operations was CAD 0.2 compared to basic loss per share from continuing operations of CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.2 compared to diluted loss per share from continuing operations of CAD 0.02 a year ago. For the nine months, sales was CAD 362.4 million compared to CAD 256.91 million a year ago. Net income was CAD 43.47 million compared to net loss of CAD 26.21 million a year ago. Basic earnings per share from continuing operations was CAD 0.27 compared to basic loss per share from continuing operations of CAD 0.17 a year ago. Diluted earnings per share from continuing operations was CAD 0.27 compared to diluted loss per share from continuing operations of CAD 0.17 a year ago.
Imperial Metals is a Canada-based exploration company that acquires and develops gold, silver and copper mining properties and produces gold, silver and copper.