Canadian Phoenix: 2011 Fourth Quarter Results

Resource Investing News

Canadian Phoenix Resources (TSXV:CXP) reported its 2011 fourth quarter results.

Canadian Phoenix Resources (TSXV:CXP) reported its 2011 fourth quarter results.

As quoted in the press release:

2011 FOURTH QUARTER AND ANNUAL HIGHLIGHTS

  • The Corporation held $79.4 million in cash and cash equivalents and maintained a working capital surplus of $79.2 million as at December 31, 2011.
  • The Corporation’s cash and cash equivalents per common share and net asset value per common share were $1.37 as at December 31, 2011.

Click here to read the Canadian Phoenix Resources (TSXV:CXP) press release. 

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