Aurcana Corporation (TSXV:AUN) announced its third quarter unaudited financial results ended September 30, 2011.
Aurcana Corporation (TSXV:AUN) announced its third quarter unaudited financial results ended September 30, 2011.
As quoted in the press release:
The most significant highlights for the 3rd quarter ending September 30, 2011 were:
- 224% increase in earnings from mining operations in Q3, 2011, $6.8 million compared to $2.1 million in Q3, 2010. 415% increase in YTD earnings from mining operations of $17.5 million in 2011 compared to $3.4 million in 2010.
- 217% increase in net income, $3.8 million in Q3, 2011 compared to $1.2 million in Q3, 2010. YTD net income up $6.8 million, to $6.1 million in 2011 compared to a loss of $0.7 million in 2010.
- Revenues increased 68% to $12.1 million in Q3, 2011 from $7.2 million in Q3, 2010. YTD revenues increased 114%, to $35.3 million in 2011 from $16.5 million in 2010.
- Operating cash flow before movements in working capital items, to $6.2 million in Q3 (2010 loss of 0.2 million).
Click here to read the Aurcana Corporation (TSXV:AUN) press release
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1778.53 | +0.14 | |
| Silver | 20.24 | 0.00 | |
| Copper | 3.60 | -0.02 | |
| Palladium | 2147.53 | +10.96 | |
| Platinum | 934.00 | +4.00 | |
| Oil | 88.43 | -0.98 | |
| Heating Oil | 3.42 | +0.01 | |
| Natural Gas | 8.83 | +0.10 | |