---
title: "ATHENA GOLD CORP (CA) | 10-Q: FY2024 Q2 EPS: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246791113.md"
datetime: "2025-07-01T08:19:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246791113.md)
  - [en](https://longbridge.com/en/news/246791113.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246791113.md)
generator: "portal-rs"
---

# ATHENA GOLD CORP (CA) | 10-Q: FY2024 Q2 EPS: USD 0

EPS: As of FY2024 Q2, the actual value is USD 0.

### Segment Revenue

-   **Exploration, Evaluation, and Project Expenses**: For the three months ended June 30, 2024, expenses were $21,986, a significant decrease from $187,429 in the same period in 2023. For the six months ended June 30, 2024, expenses were $62,400, down from $204,197 in 2023.

### Operational Metrics

-   **Net Operating Loss**: For the three months ended June 30, 2024, the net operating loss was - $97,799, compared to - $308,422 in the same period in 2023. For the six months ended June 30, 2024, the net operating loss was - $267,040, compared to - $465,654 in 2023.
-   **Net Loss**: For the three months ended June 30, 2024, the net loss was - $176,191, compared to - $277,755 in the same period in 2023. For the six months ended June 30, 2024, the net loss was - $516,954, compared to - $38,294 in 2023.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the six months ended June 30, 2024, net cash used in operating activities was - $190,174, compared to - $388,127 in the same period in 2023.
-   **Net Cash Provided by Financing Activities**: For the six months ended June 30, 2024, net cash provided by financing activities was $202,719, compared to $690,020 in the same period in 2023.

### Unique Metrics

-   **Revaluation of Warrant Liability**: For the six months ended June 30, 2024, the revaluation of warrant liability resulted in a loss of - $191,712, compared to a gain of $427,360 in the same period in 2023.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue exploration programs to ascertain economic concentrations of precious and base metals on its properties. The company expects to operate at a loss for the foreseeable future and anticipates the need for additional financing to continue operations beyond the next 12 months.
-   **Non-Core Business**: The company completed a private placement in January 2024, raising net proceeds of $148,341, which will be used to fund exploration and administrative costs.

### 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

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- [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)

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