Canadian Zinc Reports Net Income of $10.9 Million for Nine Months

Canadian Zinc (TSX:CZN) reports that in the previous nine months,  they had a net income of $10.9 m.

The press release is quoted as saying:

For the three months ended September 30, 2010 the Company reported net income of $8.328 million, compared to a loss of $2.411 million for the three months end September 30, 2009. For the nine months ended September 30, 2010 the Company reported net income of $10.906 million compared to a loss of $3.435 million for the comparative period in 2009. The net income in both the third quarter and the nine months of 2010 was primarily attributable to gains on the quoted market values of the Company’s marketable securities.

To access the full release, click here.