News: C6C Copper Mountain Mining Says Revenue For Q3 Was C$95.0 Mln

Nov 2 (Reuters) - Copper Mountain Mining Corp CMMC.TO :

• REVENUE FOR Q3 2020 WAS $95.0 MILLION
• Q3 PRODUCTION OF 23.8 MILLION POUNDS OF COPPER EQUIVALENT
• AIC GUIDANCE FOR 2020 WAS REDUCED TO A RANGE OF US$1.85 TO US$2.00 PER POUND OF COPPER
• PRODUCTION GUIDANCE FOR 2020 MAINTAINED AT 70 TO 75 MILLION POUNDS OF COPPER WITH EXPECTATION TO ACHIEVE HIGHER END OF RANGE
• QTRLY NET INCOME $33.2 MILLION VERSUS NET LOSS OF $10.6 MILLION
• QTRLY EARNINGS PER SHARE WAS $0.13 PER SHARE, OR $0.08 ON AN ADJUSTED BASIS
• "EXPECT PRODUCTION TO CONTINUE TO INCREASE IN Q4 WITH HIGHER GRADES AND RECOVERIES, AT LOW COST"
• ALL FIGURES IN C$

Source text https://bit.ly/3266Z1d

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