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Pasinex Resources Reports Q2 Financial Challenges

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Pasinex Resources Reports Q2 Financial Challenges

Pasinex Resources (TSE:PSE) has released an update.

Pasinex Resources Limited reported a challenging second quarter in 2024 with a net loss compared to profits in the same period last year, primarily due to lower equity gains from Horzum AS. The company has also faced higher costs and lower sales, which have been attributed to inflationary pressures and reduced zinc production and sales.

For further insights into TSE:PSE stock, check out TipRanks’ Stock Analysis page.

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