Reno-based Bullion River Gold Corp. said in a filing with the Securities and Exchange Commission last week that it lost $3.76 million in the second quarter.
In last year's second quarter, the start-up exploration and mining company lost $1.78 million. It has yet to report any operating revenues.
Bullion River's primary project is a gold mine northwest of Redding, Calif., which it's seeking to bring back into production.
The publicly held company is financing that work, and other exploration, by selling shares and warrants in private placements with investors.
The stock, which has traded as high as $1.04 a share in the last 52 weeks, was at 84 cents last week.