Intercontinental Gold and Metals Ltd. reported earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported revenue of CAD 48.9 million compared to CAD 9.0 million a year ago. Net loss was CAD 76,929 or CAD 0.00 per basic share compared to CAD 681,182 million or CAD 0.06 per basic share a year ago.

For the year, the company maintained previous revenue guidance of between CAD 200 to CAD 220 million from gold and commodity-trading activity, which assumes current commodity prices, exchange rates and forecast purchase volumes, refined gold export assumptions and based upon historical results and other market factors.