Quadra Shares Rise

Jul. 25, 2011 08:10AM PST

Reuters reports Shares of Quadra FNX (TSE:QUX) rose more than 7 percent on Monday morning.

Reuters reports Shares of Quadra FNX (TSX:QUX) rose more than 7 percent on Monday morning.

The market news is quoted as saying,

The company also reiterated that full-year copper output will be around 240 million pounds, give or take 10 percent.
Second-quarter output rose to 55 million pounds, up from 46 million pounds in the first quarter. Nickel production was flat at 2 million pounds, while precious metal production in the period rose 3.8 percent to 27,000 ounces.

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