Mason Resources Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported net income was CAD 17.4 million compared to net loss of CAD 0.880407 million a year ago. Basic earnings per share from continuing operations was CAD 0.01 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.01 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago. Basic earnings per share was CAD 0.12 compared to basic loss per share of CAD 0.01 a year ago. Diluted earnings per share was CAD 0.12 compared to diluted loss per share of CAD 0.01 a year ago.
For the nine months, net income was CAD 10.99 million compared to CAD 5.2 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.04 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.04 a year ago. Basic earnings per share was CAD 0.08 compared to CAD 0.04 a year ago. Diluted earnings per share was CAD 0.08 compared to CAD 0.04 a year ago.