Scorpio Mining Reports Q1 Financial and Operating Results

Resource Investing News

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.

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