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Article: Quadra Mining Ltd. Announces 2009 Third Quarter Financial Results and 2010 Production Guidance.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 9, 2009 (Marketwire via COMTEX) -- (All figures, except per share amounts, are in $ US thousands unless otherwise stated or unless context requires otherwise)
Quadra Mining Ltd. (the "Company" or "Quadra") (TSX:QUA) is pleased to announce earnings of $14,701 or $0.16 per share (basic) for the three months ended September 30, 2009 compared to earnings of $20,772 or $0.32 per share (basic) for the three months ended September 30, 2008. Third quarter earnings were impacted by lower than normal sales volumes due to timing of shipments, a derivative loss of $13,786 which primarily relates to the derivatives required for the Franke Mine ...