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Mining

Mawson gets cash boost with 9-month earnings

Mawson Resources, a resource acquisition and development company with precious and base metal interests in Finland and Sweden, reported an increase in cash with its third-quarter earnings on Monday

Mawson Resources (TSE:MAW), a resource acquisition and development company with precious and base metal interests in Finland and Sweden, reported an increase in cash with its third-quarter earnings on Monday.

In the nine months to February 29, cash rose to C$5.2mln from C$5.1mln in the same period a year earlier.

Meanwhile, the net loss dropped to C$1mln from C$1.7mln in the same period a year ago.

Mawson shares were last seen up 2% at C$0.25.