Mining & Metals
Elysee Development Swings to Q2 Loss
Elysee Development (ELC.V) on Tuesday reported a second-quarter loss per share of C$0.02 compared with earnings per share of C$0.04, a year-ago.The company's cash on hand as of June 30, stood at C$4.8 million."The second quarter was a difficult period for investors in mining stocks and related sectors due to the geopolitical turmoil in the world," said chief executive Guido Cloetens. "However, Elysee's portfolio performed relatively well compared to our sector's benchmarks."Shares of the company were last seen up C$0.02, or 3.2%, to C$0.64 on the TSX Venture Exchange.Price: $0.64, Change: $+0.02, Percent Change: +3.23%
$ELC.V
