Diamcor Mining Reports Positive Cash Flow In 3rd Fiscal Quarter Results
Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) reported that for the fiscal quarter ended December 31, 2013, the Company generated gross revenues of $1,396,591 net of commissions and fees, and realized positive cash flow from operations during the quarter.
As quoted in the press release:
For the fiscal quarter ended December 31, 2013, the Company sold 3,955 carats of rough diamonds generating gross revenues of $1,396,591 net of commissions and fees, as compared to gross revenues of $539,980 net of commissions and fees during the same period in the prior fiscal year.
During the three month period ended December 31, 2013, the Company incurred operating expenses of $573,720, and general and administrative expenses of $799,572. The Company realized income from operations of $23,299 during the quarter, as compared to a loss from operations of $903,302 for the same period in the prior fiscal year. The Company realized $667 from other income and expense, and a reduction of deferred tax of $97,951, which resulted in Net Income for the quarter ended December 31, 2013 of $121,917, as compared to a Net Loss of $901,062 for the same period in the prior fiscal year. The Company realized positive cash flow from operations during the quarter as compared to negative cash flow from operations for the same period in the prior fiscal year.
Click here to read the Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) press release
Click here to see the Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) profile.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1717.26 | -1.78 | |
Silver | 18.62 | +0.22 | |
Copper | 3.39 | +0.04 | |
Palladium | 2013.00 | +20.00 | |
Platinum | 876.50 | -1.50 | |
Oil | 95.51 | -1.19 | |
Heating Oil | 3.52 | +0.06 | |
Natural Gas | 8.86 | +0.13 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â