Atico Reports Financial Results for First Quarter of 2021
Atico Mining Corporation today announced its financial results for the three months ended March 31, 2021 posting income from mining operations of $5.3 million and a net income of $1.2 million. Fernando E. Ganoza, CEO and Director, commented, “This was a particularly challenging quarter given the operational setbacks resulting in loss production and an increase in cash cost, partially mitigated by higher realized … (All amounts expressed in US dollars, unless otherwise stated)
Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended March 31, 2021 (“Q1-2021”), posting income from mining operations of $5.3 million and a net income of $1.2 million.
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Atico Mining Corporation: Atico Reports Financial Results for First Quarter of 2021
(All amounts expressed in US dollars, unless otherwise stated)
VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) Atico Mining Corporation (the Company or Atico ) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended March 31, 2021 ( Q1-2021 ), posting income from mining operations of $5.3 million and a net income of $1.2 million.
Fernando E. Ganoza, CEO and Director, commented, This was a particularly challenging quarter given the operational setbacks resulting in loss production and an increase in cash cost, partially mitigated by higher realized metal prices leading to a cash margin of $2.38 per pound of payable copper. The Company closed the quarter showing a strong cash position of US$ 9.2 million and US$ 18 million in trade receivables, which were mostly realized in early April. Mr. Ganoza continued, We anticipate that we will be able to ma
Atico Reports Financial Results for First Quarter of 2021
(All amounts expressed in US dollars, unless otherwise stated)
VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended March 31, 2021 (“Q1-2021”), posting income from mining operations of $5.3 million and a net income of $1.2 million.
Fernando E. Ganoza, CEO and Director, commented, This was a particularly challenging quarter given the operational setbacks resulting in loss production and an increase in cash cost, partially mitigated by higher realized metal prices leading to a cash margin of $2.38 per pound of payable copper. The Company closed the quarter showing a strong cash position of US$ 9.2 million and US$ 18 million in trade receivables, which were mostly realized in early April.” Mr. Ganoza continued, We anticipate that we will be able to make up for
Atico Produces 4.50 Million Pounds of Cu and 2,134 Ounces of Au First Quarter 2021
Atico Mining Corporation announces its operating results for the three months ended March 31, 2021 from its El Roble mine. Production for the quarter totaled 4.50 million pounds of copper and 2,134 ounces of gold in concentrates, a decrease of 8% and 22% for copper and gold, respectively, over the same period in 2020. “At the El Roble mine production faced significant challenges this quarter, as we experienced …
Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces its operating results for the three months ended March 31, 2021 from its El Roble mine. Production for the quarter totaled 4.50 million pounds of copper and 2,134 ounces of gold in concentrates, a decrease of 8% and 22% for copper and gold, respectively, over the same period in 2020.