Almaden Minerals Ltd. Reports Narrowed Net Loss for H1 2025; EPS Improves with Higher Cash Reserves

Almaden Minerals Ltd. has released its financial results for the second quarter of 2025, reporting a net income of $122,958 compared to a net loss of $1.78 million for the same period in 2024. For the six months ended June 30, 2025, the company posted a net loss of $1.19 million, an improvement from the $2.53 million loss reported in the first half of 2024. In terms of earnings per share, the company achieved a basic net income per share of approximately $0.0009 for the three months ended June 30, 2025, based on 137,255,864 weighted average common shares outstanding. This marks a significant turnaround from the previous year’s net loss per share during the same period. Key factors impacting the company’s financial performance include adjustments related to gold loan payables and an unrealized gain on gold in trust. The report also notes a decrease in interest expenses on lease liabilities and a reduction in impairment of exploration and evaluation assets. No specific outlook or guidance for future periods was provided in the current financial statement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Almaden Minerals Ltd. published the original content used to generate this news brief on August 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here