The Vancouver, British Columbia,-based company reported its earnings for the three months ended 30 September 2009 late Friday. The net loss per share was $0.01 compared to $0.03 for the 12 months ending 30 June 2009.
Magma says it spent $2.25m on operations and $9.34m on investments, including $3.99m on resource acquisition and exploration efforts and $4.85m on expanding its Soda Lake in Nevada from 8 megawatts (MW) net to 16MW.
It