06:18 AM EDT, 03/25/2024 (MT Newswires) -- NGEx Minerals Ltd. ( NGXXF ) , near 52-week highs, over the weekend reported a fourth-quarter 2023 net loss of $8.6 million, or $0.04 per share, compared with $8.0 million, or $0.04 per share, in the year-ago quarter.

As at Dec. 31, 2023, the company had cash of $59.5 million and net working capital of $69.7 million, compared with cash of $23.2 million and net working capital of $20.2 million as at Dec. 31, 2022.

The company said its greenfield discovery of high-grade copper-gold-silver mineralization at the Lunahuasi project in Argentina is the highlight of 2023. Substantial progress was also made at the Los Helados project in Chile during 2023.