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Stocks in play: Rupert Resources Ltd.
Has published its audited financial results for the 12 months ending February 28, 2023 and accompanying Management’s Discussion and Analysis for the same period. During the 12 months ending February 28, 2023, the Company spent $29,078,639 (twelve months ended February 28, 2022 - $23,798,498) on general exploration costs and purchase of property, plant and equipment. As of February 28, 2023, Rupert held cash or cash equivalents of $70,499,292. The Company recorded a net loss and comprehensive loss for the year of $(10,673,487) (12 months ended February 28, 2022 - $(12,096,620)) and a net loss per share of $(0.07) (12 months ended February 28, 2022 - $(0.05)). Rupert Resources Ltd. shares T.RUP are trading up $0.07 at $3.97.
