05:03 PM EDT, 08/28/2024 (MT Newswires) -- Patagonia Gold ( HGLD ) on Wednesday said its second quarter revenue rose seven-fold.

The Argentina precious-metals explorer reported revenue of US$2.6 million in the period, up from US$0.38 million in the year-prior quarter.

It did not report a profit or loss.

The company produced 761 gold equivalent ounces and sold 1,107 gold equivalent ounces in Q2 in the period and incurred exploration expenditures of US$0.7 million.

The company's shares closed unchanged at $0.02 on the TSX Venture Exchange.