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Bullboard - Stock Discussion Forum Intercontinental Gold and Metals Ltd V.ICAU.H

Alternate Symbol(s):  GXMLF

Industrials Industrial Distribution
Intercontinental Gold and Metals Ltd. is a Canada-based metals and mining company. The Company is specialized in precious metals with gold bullion refining capacity of over five tons per annum. In addition to gold bullion, it also trade other commodities, including base and precious metals ores.

TSXV:ICAU.H - Post Discussion

Intercontinental Gold and Metals Ltd > Second Quarter "Results" Ending June 30, 2020
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Post by thenightstocker on Sep 01, 2020 3:04pm

Second Quarter "Results" Ending June 30, 2020

Operating and Financial Highlights - Second Quarter 

Revenue - Second quarter revenue of $1,392,397 versus $84,444,443 in the comparable quarter of June 30, 2019. The 98% decrease in revenue was due to the temporary office closure imposed by strict COVID-19 quarantine requirements.

Net Loss - Second quarter net loss of $660,200 or $0.04 per share as compared to a net loss of $295,309 or $0.02 per share in Q2 2019.

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Intercontinental Gold and Metals Ltd