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    Scorpio Mining Reports Q1 Financial and Operating Results

    Investing News Network
    May. 04, 2012 04:11PM PST
    Silver Investing

    Scorpio Mining Corporation (TSX:SPM) announced its financial results for first quarter show an improvement in earnings.

    Scorpio Mining Corporation (TSX:SPM) announced its financial results for first quarter show an improvement in earnings.

    As quoted in the press release:

    Revenue from metal payable increased 13% from $13.8 million in Q4 2011 to $ 15.6 million in Q1 2012 due to improved silver grade and higher recorded metal prices. Revenue from metal payable decreased 25% compared to$20.8 million in Q1 2011 which was the best quarter in the history of the Corporation.

    Click here for the Scorpio Mining Corporation (TSX:SPM) press release.

    scorpio mining corporationfinancial results
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