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Business

Company seeking to search for uranium here reports loss

U92 Energy Corp., the Canadian company seeking to search for uranium here has reported a loss for the third quarter.

According to MarketScreener.com, for the third quarter, the company’s reported net loss was CAD 2.32 million compared to CAD 0.258079 million a year ago. Basic loss per share from continuing operations was CAD 0.047 compared to CAD 0.024 a year ago. 

For the nine months, net loss was CAD 4.79 million compared to CAD 0.263492 million a year ago. Basic loss per share from continuing operations was CAD 0.117 compared to CAD 0.055 a year ago. 

U92’s plans for uranium exploration in Guyana have to await the hearing of objections to the Environmental Protection Agency’s decision to waive the need for an Environmental Impact Assessment.

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