Starcore International Mines Ltd (SAM.TO: Quote) reported that its first-quarter loss was C$346 thousand compared to earnings of C$3.2 million in the comparative prior year period. On a per share basis, result for the quarter was break even, compared to net income of C$0.02 in the comparative period in the previous year.
Earnings from mining operations were C$1.25 million compared to C$7.32 million in the comparative prior year period. Cash flows from operations were C$2.0 million, compared to C$6.0 million during the comparative prior year period.
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by RTT Staff Writer
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