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LionGold bleeds S$20m in delayed Q1 results

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Anita Gabriel

Anita Gabriel

Published Wed, Nov 12, 2014 · 09:50 PM
LionGold Corp

Singapore

THE market was once again reminded of the shattered financials of the firms embroiled in last October's penny stock crash with LionGold releasing its much-delayed first quarter results with an injurious outing, just one day after its counterpart Blumont reported dismal quarterly digits.

The beleaguered gold miner swung into big losses of S$20.3 million for the first quarter ended June 2014 from a S$3.8 million profit a year ago.

LionGold

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