Monarca Minerals Inc. announced earnings results for the first quarter ended February 28, 2021. For the first quarter, the company announced net loss was CAD 434,489 compared to CAD 125,950 a year ago. Basic loss per share from continuing operations was CAD 0.004 compared to CAD 0.003 a year ago. Diluted loss per share from continuing operations was CAD 0.0036 compared to CAD 0.0025 a year ago.