MethylGene Inc. (MYG.TO) Monday said its loss for the first quarter widened from last year, driven mainly by a sharp decline in revenues.
The Montreal, Canada-based company reported a first-quarter net loss of C$3.36 million, compared to C$1.57 million last year. On a per-share basis, loss narrowed to C$0.01 from C$0.04.
Total revenues for the quarter plunged to C$2 thousand from C$1.28 million in the prior-year quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.