Financial highlights of first quarter 2024 (Group, consolidated)
- Net sales amounted to KSEK 0 (Q1 2023: KSEK 0).
- Operating profit/loss after financial items totalled KSEK -2,533 (Q1 2023: KSEK -3,658).
- Earnings per share after financial items amounted to
SEK -0.2 (Q1 2023:SEK -0.3 ). - Cash flow from operating activities was KSEK -1,779 (Q1 2023: KSEK -2,519).
Significant events during the first quarter
- Kopsa gold-copper resource increased 37% to 0.75 million gold-equivalent ounces with 10% grade increase to 1.13 grams per tonne gold equivalent.
Northgold AB successfully completed an accelerated bookbuilding of approximatelySEK 7 million .- Electromagnetic survey identified new exploration targets beneath and Southwest of the Kopsa resource.
- The most important exploration permit in Kiimala Trend became valid.
For the full report, please download the attached PDF. The full report is also available at https://northgoldab.com/financial-reports/.
Further information
seppo.tuovinen@northgold.com
ir@northgoldab.com
Website: www.northgoldab.com
Follow us: www.linkedin.com/company/northgold
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