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Regency Mines narrows pre-tax loss

By BFN News | 02:30 PM | Friday 31 March, 2017


Regency Mines has reported that, for the six months to 31 December 2016, pre-tax losses narrowed from £305,472 to £182,162. The Company saw a £307,917 rise in total assets from the June 2016 year end level to £4,904,193, and a rise in shareholders' equity of £476,114 over the same period to £4,170,952. Revenues over the six months saw a turnround from a negative £70,740 in the six months to 31 December 2015 to a positive £98,637, with the sale for A$100,000 of its 4% residual interest in the Fraser range tenements in Australia. At 2:30pm: (LON:RGM) Regency Mines PLC share price was +0.05p at 1.05p Story provided by StockMarketWire.com

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