Net earnings for the quarter ended Sept. 30 put Imperial Metals (TSE) at the break-even point with a gain of $40,000 on revenues of $1.1 million. The company reported a loss of $165,000 for the six months ended Sept. 30, compared to earnings of $1.3 million in the first six months of 1989.
The year-earlier period included a gain of $2 million from the sale of a 5% interest in the company’s U.K. affiliate, Anglesey Mining.
The company reports that its working capital has decreased to $4.3 million from $5.4 million during the six month period as a result of further investments in the Crow Butte in-situ uranium project in Nebraska and the Mount Polly copper- gold project in British Columbia.006 Imperial Metals (TSE) 3 months ended Sept. 30 1990 1989 Revenue $1,126 $1,276 Net earnings 40 809
per share 0 0.04 6 months ended Sept. 30 Revenue $1,973 $2095 Net earnings (loss) (165 ) 1,331
per share (0.01 ) 0.0704
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