Orosur Mining Reports GAAP EPS of -$0.02 and Provides Cash Balance Update
Orosur Mining Inc., a Canadian mining company, reported FY GAAP earnings per share (EPS) of -$0.02 for the fiscal year ending May 31, 2026. The firm noted an increase in its cash balance to $9.95 million as of that date from $4.88 million on May 31, 2025. As of the press release's publication date, Orosur had a reduced cash balance of $7.35 million. The company also announced plans for a C$14M private placement to support its operations and strategic initiatives. Despite reporting a loss per share, the increase in cash reserves suggests improved liquidity compared to the prior year-end figure.
Topics: Cash Balance Earnings Financial Results