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Los Santos Project Generates $6.485 Million in First Quarter Under Almonty
Feb. 14, 2012 02:14PM PST
Company NewsAlmonty Industries Inc.(TSXV:AII) announced the results for q4, 2012 ending December 31st, 2012. The Company reported that the Los Santos project generated revenue of $6.485 million in the first quarter under Almonty.
As quoted in the press release:
Almonty reported revenue of $6,485, gross profit of $3,070 representing a gross profit margin of 47.3%, EBITDA1 of $2,366 and net income of $746 for the three month period ended December 31, 2011. Almonty mined 135,557 tonnes of ore at a weighted average grade of 0.301% WO3.
Click here to read the Almonty Industries Inc. (TSXV:AII) press release
Click here to see the Almonty Industries Inc. (TSXV:AII) profile
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