Trevali Mining Reports 2015 Annual Financial Results
Trevali Mining Corporation (TSX:TV) announced its financial results for the year ended December 31, 2015 reporting annual Santander Zinc Mine operations income of $6.7 million on concentrate sales revenue of $106.4 million, and resulted in a net loss of $14.3 million ($0.05 per share). As quoted in the press release: 2015 Annual Results Highlights: Santander concentrate sales revenue of $106.4 million EBITDA(1) of $12 million Income from Santander mine operations of $6.7 million Net loss of $14.3 million or ($0.05) per share 2015 Santander site cash costs(2) of US$0.33 per pound of payable Zinc Equivalent (“ZnEq”)(3) produced or US$42.65/tonne milled, beating [...]