Austin Gold Corp. Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)

Reuters

05-09

<a href="https://laohu8.com/S/AUST">Austin Gold Corp.</a> Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)

Austin Gold Corp. released its actual financial results for the three months ended March 31, 2025. The company reported a net loss of $499,509, a decrease from the $775,669 net loss recorded in the same period in 2024. The results indicate a reduction in the comprehensive loss for the period. Administrative expenses showed variations, with management salaries and consulting fees amounting to $157,015 in 2025, compared to $165,613 in 2024. Share-based compensation also saw a notable decrease, reported at $140,197 for 2025, down from $354,478 the previous year. The company continues to operate in the United States, with its functional and presentation currency remaining the U.S. dollar.

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. Austin Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-25-008860), on May 08, 2025, and is solely responsible for the information contained therein.

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Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/AUST\">Austin Gold Corp.</a> Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Austin <a href=\"https://laohu8.com/S/GDCWF\">Gold Corp.</a> released its actual financial results for the three months ended March 31, 2025. The company reported a net loss of $499,509, a decrease from the $775,669 net loss recorded in the same period in 2024. The results indicate a reduction in the comprehensive loss for the period. 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Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-09 01:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/AUST\">Austin Gold Corp.</a> Reports Q1 Net Loss of $499,509, Narrowing from $775,669; EPS Improves to $(0.04) from $(0.06)\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Austin <a href=\"https://laohu8.com/S/GDCWF\">Gold Corp.</a> released its actual financial results for the three months ended March 31, 2025. The company reported a net loss of $499,509, a decrease from the $775,669 net loss recorded in the same period in 2024. The results indicate a reduction in the comprehensive loss for the period. Administrative expenses showed variations, with management salaries and consulting fees amounting to $157,015 in 2025, compared to $165,613 in 2024. Share-based compensation also saw a notable decrease, reported at $140,197 for 2025, down from $354,478 the previous year. The company continues to operate in the United States, with its functional and presentation currency remaining the U.S. dollar.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Austin Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-25-008860), on May 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUST","symbol_name":"Austin Gold Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250508:nNDL19XmwY:1","article_id":"2534156163","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534156163","pubTimestamp":1746724806,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Austin Gold Corp. released its actual financial results for the three months ended March 31, 2025. 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Share-based compensation also saw a notable decrease, reported at $140,197 for 2025, down from $354,478 the previous year. The company continues to operate in the United States, with its functional and presentation currency remaining the U.S. dollar.\n      \n\nDisclaimer: 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. Austin Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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