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    Quadra Announces Record Revenues and Earnings for 2010

    Investing News Network
    Feb. 28, 2011 11:08AM PST
    Precious Metals

    Quadra FNX Mining Ltd. (TSE:QUX) announced fourth quarter and year end financials for the year ending December 31, 2010.

    Quadra FNX Mining Ltd. (TSX:QUX) announced fourth quarter and year end financials for the year ending December 31, 2010.

    The press release is quoted as saying:

    In the fourth quarter of 2010 the Company recorded earnings of $58 million or $0.30 per share (basic). Unusual items included a $33 million leach pad inventory write down at the Carlota mine and a $22 million accounting loss on derivatives. Fourth quarter 2010 adjusted earnings totalled $105 million or $0.55 per share (basic).

    To read the full press release, click here.

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