NMC Resource Announces 64% Revenue Increase to $2.7 Million in Second Quarter of 2011

NMC Resource Corporation (TSXV:NRC) announced that its second quarter 2011 revenue was up 64% from the same period last year.

The press release is quoted as saying:

During the same period, NMC earned a net income of $236,383 with adjusted EBIDTA (net earnings before interests, taxes, amortization and share-based payment) of $2.3 million, and sold 417,970 pounds of molybdenum and recorded operating cash flow of $0.07 per share.

Click here to read the entire news release.