Thompson Creek Metals Company Inc (fka TCPTF)

[Dr. King Schultz]

Nice news - Thompson Creek Metals Company Reports Third Quarter 2013 Financial Results


http://www.marketwired.com/press-release/thompson-creek-metals-company-reports-third-quarter-2013-financial-results-nyse-tc-1851439.htm


...
Operational:
Mt. Milligan commenced the start-up phase in September with initial production of 1,801 tons of copper-gold-silver concentrate.
Molybdenum production from the mines increased 39% to 8.5 million pounds, compared to 6.1 million pounds.
Average cash costs of molybdenum produced decreased 37% to $5.93 per pound, compared to $9.46 per pound.
Total sales of molybdenum increased 47% to 8.3 million pounds, compared to 5.6 million pounds.

Financial:
Operating income was $4.5 million, compared to an operating loss of $37.2 million.
Consolidated revenue increased 21% to $90.8 million, compared to $74.9 million.
Cash flow from operations was $19.5 million, compared to $3.3 million.
Net income totaled $13.8 million, or $0.06 per diluted share, compared to a net loss of $48.2 million, or $0.29 per diluted share.
Non-GAAP adjusted net loss was $7.6 million, or $0.04 per diluted share, compared to a non-GAAP adjusted net loss of $18.4 million, or $0.12 per diluted share.
...