Northam Platinum Says Earnings Per Share Is 70 to 85 Cents

Northam Platinum (FWB:NOC) announced shareholders earnings per share and headline earnings per share for the year estimated between 70 and 85 cents.

This compares with earnings per share of 96.2 cents and headline earnings per share of 89.5 cents reported for the year ended 30 June 2011 (“FY2011″).

The anticipated lower earnings stems primarily from flat sales volumes (year on year) as a consequence of the smelter shut down in the fourth quarter of the financial year, as referred to in the Company’s announcements dated 11 May 2012 and 15 May 2012, respectively . This restricted the volume of material available for sale despite materially higher mine production compared to the previous year.

Click here to read the Northam Platinum (FWB:NOC) press release.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Agriculture
+ see more
Copper
+ see more
Copper Investing
Gold - Bullion
Gold - Production/Mining
+ see more
Gold - Project Generators
Gold - Prospecting and Exploration
+ see more
Gold - Resource Definition/Pre Feasibility
Gold - Resource Expansion/Feasibility Study/PEA
Graphite - Production/Mining
Graphite - Prospecting and Exploration
Graphite - Resource Definition/Pre Feasibility
Graphite - Resource Expansion/Feasibility Study/PEA
Silver - $0-15m
Silver - $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply