June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

BRIEF-Thompson Creek reports Q2 2016 financial results

Published 2016-08-08, 05:38 p/m
© Reuters.  BRIEF-Thompson Creek reports Q2 2016 financial results
HG
-
TCPTF
-

Aug 8 (Reuters) - Thompson Creek Metals Company Inc TCM.TO

* Thompson Creek reports second quarter 2016 financial results

* Thompson Creek metals company inc qtrly GAAP loss per share $0.13

* Expect that our 2016 copper production will be on high end of our guidance range

* Q2 sales volumes for copper was 20.3 million pounds of copper at an average realized price of $2.15 per pound

* Thompson Creek Metals Company Inc says guidance for full year 2016, remains unchanged from guidance issued previously

* Sales volumes for gold for q2 was 62,314 ounces of gold at an average realized price of $1,041 per ounce

* FY2016 earnings per share view $-0.18, revenue view $456.2 million -- Thomson Reuters I/B/E/S

* Consolidated revenues for Q2 of 2016 were $128.7 million, compared to $134.1 million in Q2 of 2015.

* Q2 adjusted non-GAAP loss per share $0.13

* Expect annual production to be in line with our 2016 guidance of 55 to 65 million pounds of copper and 240 to 270 thousand ounces of gold

* Sees 2016 Gold production, by Product cash costs and capital expenditures to be at low end of our guidance

* Q2 earnings per share view $-0.03, revenue view $113.5 million -- Thomson Reuters I/B/E/S Source text for Eikon: ID:nCNW3jXdJa Further company coverage: TCM.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.