logo
Share SHARE
FONT-SIZE Plus   Neg

Thompson Creek Metals Turns To Profit In Q4 - Quick Facts

Thompson Creek Metals Co. Inc. (TC,TCM.TO) announced that net income for the fourth quarter of 2011 was $0.8 million, or break even per share, compared to a net loss of $45.0 million, or $0.28 per share for the same period in 2010.

Net income for the fourth quarter of 2011 included a non-cash unrealized gain on common stock purchase warrants of $0.8 million, or break even per share. Net loss for the fourth quarter of 2010 included a non-cash unrealized loss on common stock purchase warrants of $79.4 million, or $0.47 per share.

Non-GAAP adjusted net income for the fourth quarter of 2011 was breakeven per share, compared to non-GAAP adjusted net income for the fourth quarter of 2010 of $34.4 million, or $0.20 per share.

Revenue for the fourth quarter of 2011 was $116.7 million, compared to $156.8 million for the same period in 2010. Sales volume for the fourth quarter of 2011 was 8.0 million pounds of molybdenum, compared to 9.5 million pounds for the same period in 2010.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hampton Farms has voluntarily recalled Ava's brand organic cashews for potential Listeria contamination. The Organic Cashews Roasted & Salted 8 oz. tubs were distributed in New Jersey, New York, Pennsylvania and Connecticut. As per the recall statement, fewer than 225 units of this product were offered for retail sale. Maternity leave is a temporary period of absence from employment granted to expectant or new mothers during the months immediately before and after their pregnancy. Parental leave, including maternity, paternity and adoption leave, is an employee benefit. Many countries around the world, including... Texas, the second largest state in the U.S., has four of the five fastest-growing cities in the U.S., according to new population estimates released Thursday by the U.S. Census Bureau for the twelve months up to July 1, 2016. Ten of the fifteen fastest growing large U.S. cities during that 12-month span were in the South, according to the Census Bureau.
comments powered by Disqus
Follow RTT