RTG Mining Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Earnings Results for the Six Months Ended June 30, 2018; Reports Impairment Expenses for the Second Quarter Ended June 30, 2018
For the six months, the company's loss before income tax from continuing operations was $17,331,029 compared to $5,964,414 a year ago. Loss for the period from continuing operations was $17,331,029 compared to $5,964,414 a year ago. Loss attributable to equity holders of the company was $17,331,029 compared to $5,964,414 a year ago. Basic and diluted loss per share from continuing operations was 6.30 cents compared to 3.56 cents a year ago. Basic and diluted loss per share attributable to the ordinary shareholders of the company was 6.30 cents compared to 2.67 cents a year ago. Net cash flows used in operating activities was $3,271,476 compared to $2,095,821 a year ago.
For the quarter, the company reported impairment expense of $9,735,581 compared to $3,095,890 a year ago.