Friday, March 27, 2020
10:13 AM EST – Eastern Platinum Limited : Has filed its Audited Consolidated Financial Statements for the years ending December 31, 2019 and 2018 and the corresponding Management’s Discussion and Analysis and Annual Information Form. Below is a summary of the Company’s financial results and highlights for the year ended December 31, 2019 (all amounts in U.S.): Revenue for the year ended December 31, 2019 was $39.2 million compared to $0.4 million in the prior year due to a full year of operating results from the Retreatment Project. Net income to equity shareholders of $0.1 million (earnings of $0.00 per share) for the year ended December 31, 2019 versus a loss of $21.8 million (loss of $0.24 per share) the prior year; and positive working capital (excluding non-cash deferred revenue) of $9.7 million as at December 31, 2019. Eastern Platinum Limited (T.ELR) shares were unchanged at 0.24.
Stocks in Play: Eastern Platinum Limited, Fri, 27 Mar 2020 10:27:58 EST