---
title: "ATHENA GOLD CORP (CA) | 10-Q: FY2024 Q3 EPS: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246791072.md"
datetime: "2025-07-01T08:18:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246791072.md)
  - [en](https://longbridge.com/en/news/246791072.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246791072.md)
generator: "portal-rs"
---

# ATHENA GOLD CORP (CA) | 10-Q: FY2024 Q3 EPS: USD 0

EPS: As of FY2024 Q3, the actual value is USD 0.

### Segment Revenue

-   The company did not report any revenue for the periods ended September 30, 2024, and 2023, as it is still in the exploration stage and has not established any proven or probable reserves.

### Operational Metrics

-   **Net Operating Loss**: For the three months ended September 30, 2024, the net operating loss was - $152,496, compared to - $212,006 for the same period in 2023. For the nine months ended September 30, 2024, the net operating loss was - $419,536, compared to - $677,660 for the same period in 2023.
-   **Net Income (Loss)**: The net loss for the three months ended September 30, 2024, was - $164,168, compared to a net income of $576,533 for the same period in 2023. For the nine months ended September 30, 2024, the net loss was - $681,122, compared to a net income of $538,239 for the same period in 2023.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the nine months ended September 30, 2024, net cash used in operating activities was - $226,744, compared to - $640,764 for the same period in 2023.
-   **Net Cash Provided by Financing Activities**: For the nine months ended September 30, 2024, net cash provided by financing activities was $204,248, compared to $662,950 for the same period in 2023.

### Unique Metrics

-   **Revaluation of Warrant and Option Liability**: For the nine months ended September 30, 2024, the revaluation of warrant and option liability resulted in a loss of - $235,642, compared to a gain of $1,213,301 for the same period in 2023.

### Future Outlook and Strategy

-   **Core Business Focus**: Athena Gold Corporation plans to continue its exploration programs to ascertain whether its properties contain economic concentrations of precious and base metals that are prospective for mining. The company expects to operate at a loss for the foreseeable future and anticipates the need for additional financing to continue its operations beyond the next 12 months.
-   **Non-Core Business**: The company has entered into a Purchase and Sale Agreement with Libra Lithium Corp. to acquire up to a 100% interest in the Laird Lake and Oneman Lake gold projects in Ontario, which indicates a strategic move to expand its exploration activities.

### Related Stocks

- [AHNRF.US](https://longbridge.com/en/quote/AHNRF.US.md)
- [AHNRD.US](https://longbridge.com/en/quote/AHNRD.US.md)

## Related News & Research

- [Athena Announces Red Lake's Newest Grassroots Discovery: Drills 23.85 Grams per Tonne Gold over 5 Metres at Laird | AHNRF Stock News](https://longbridge.com/en/news/296374165.md)
- [Athena Gold Further Expands Forester Project near Musselwhite, Ontario | AHNRF Stock News](https://longbridge.com/en/news/295527627.md)
- [Athena Gold expands Forester project in Ontario with 3,939-hectare claim staking](https://longbridge.com/en/news/293604279.md)
- [Athena Provides Updates Across Gold Portfolio | AHNRF Stock News](https://longbridge.com/en/news/289179907.md)
- [Athena Resources Director Increases Shareholding Through On-Market Purchase](https://longbridge.com/en/news/281952097.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**