MEC Resources Ltd (AU:MMR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
MEC Resources Ltd reports a 21.92% decrease in net loss for the fiscal year ended June 30, 2023, with losses totaling $558,503 and no dividends declared. The company also reported a consistent net tangible asset backing per share compared to the previous year. These financial results highlight the company’s performance and strategic focus during the year.
For further insights into AU:MMR stock, check out TipRanks’ Stock Analysis page.