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Golden Queen Announces Q2 Financial Results, Review of Operations
Aug. 11, 2014 03:23PM PST
Gold InvestingGolden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) released its second quarter financial results. For the second quarter, the company highlighted , a proposed joint venture transaction with Gauss LLC, completion of the construction of the workshop-warehouse on budget; completion of the site grading and site preparation of the area where the crushing-screening plant will be built; and further advanced detailed engineering work.
Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) released its second quarter financial results. For the second quarter, the company highlighted , a proposed joint venture transaction with Gauss LLC, completion of the construction of the workshop-warehouse on budget; completion of the site grading and site preparation of the area where the crushing-screening plant will be built; and further advanced detailed engineering work.
Financial highlights include:
Financial position as at: June 30, 2014 Dec. 31, 2013 $ $ Cash 5,077 5,031 Mineral property interests 18,413 9,919 Total assets 24,428 15,792 Working capital (deficit) (7,520) 3,585 Total liabilities 26,059 9,551 Stockholders’ equity (deficiency) (1,632) 6,241 Results for the quarter ended on: June 30, 2014 June 30, 2013 $ $ Net income (loss) and comprehensive income (loss) (706) 1,227 Basic income (loss) per share (0.01) 0.01 Diluted income (loss) per share (0.02) (0.00) Financial position as at: June 30, 2014 Dec. 31, 2013 $ $ Cash 5,077 5,031 Mineral property interests 18,413 9,919 Total assets 24,428 15,792 Working capital (deficit) (7,520) 3,585 Total liabilities 26,059 9,551 Stockholders’ equity (deficiency) (1,632) 6,241 Results for the quarter ended on: June 30, 2014 June 30, 2013 $ $ Net income (loss) and comprehensive income (loss) (706) 1,227 Basic income (loss) per share (0.01) 0.01 Diluted income (loss) per share (0.02) (0.00)
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