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GCM Resources PLC - London-based mining and energy company - Reports pretax loss in year to June 30, 2023 of £1.3 million, narrowed from £1.7 million the year prior. No revenue. Operating expenses fell to £728,000 from £750,000, pre-development expenditure tumbled to £180,000 from £414,000. Basic loss per share was 0.7 pence compared to 1.1p the year before. Shares will remain suspended until the settlement and completion of subscription to raise £500,000, previously announced on Friday last. Current stock price: shares suspended at 2.80 pence 12-month change: down 99% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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