Brookmount Gold Announces Financial Results for Third Quarter Fiscal 2025 [Yahoo! Finance]
BROOKMOUNT EXPLS INC (BMXI)
NASDAQ:AMEX Investor Relations:
marketwired.com/press-release/brookmount-explorations-inc-update-to-dilboost-technology-licensing-agreement-2235684.htm
Company Research
Source: Yahoo! Finance
exploration and production company, is pleased to announce that it has filed, with OTC Markets, its management report and financial statements for the third quarter of 2025, ending 8/31/25. Q3 2025 Financial Highlights: Revenue for three months was $5.04 million, a 1% increase from Q3 2024 and a 34% increase from Q2 2025. This was primarily due to ramping up production and from the increase in the price of gold. The average price of gold during Q3 2025 was $3355. Net income was $1.71 million or .01 EPS. This represented an increase of 42% from $1.21 net income the prior quarter but a decrease of 37% from the same quarter in 2024. The net earnings were significantly negatively impacted by stock based compensation and financings during the quarter that should not be recurring. The company generated $1.33 million in positive operating cash flow for the quarter compared to $102,000 during the comparable period the prior year. The Company continued increasing its mining workforce
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