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BRIEF-Copper Mountain Mining Reports Q4 Basic Adj EPS Of $0.01

Published 2020-02-18, 09:19 a/m
BRIEF-Copper Mountain Mining Reports Q4 Basic Adj EPS Of $0.01
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Feb 18 (Reuters) - Copper Mountain Mining Corp CMMC.TO :

* COPPER MOUNTAIN MINING ANNOUNCES Q4 AND FULL YEAR 2019 FINANCIAL RESULTS

* QTRLY BASIC LOSS PER SHARE $0.14

* QTRLY BASIC ADJUSTED EARNINGS PER SHARE $0.01

* QTRLY REVENUE $73.7 MILLION VERSUS $73.1 MILLION

* COPPER PRODUCTION IN 2020 IS EXPECTED TO INCREASE TO 86 TO 96 MILLION POUNDS AND IN 2021 TO 88 TO 98 MILLION

* COPPER MOUNTAIN MINING - COPPER PRODUCTION EXPECTED TO BE LOWER IN 2022 AT 75 TO 85 MILLION POUNDS

* IN Q4 2019, COPPER MOUNTAIN MINE PRODUCED 18.6 MILLION POUNDS OF COPPER VERSUS 20.6 MILLION POUNDS OF COPPER IN Q4 2018

* Q4 EARNINGS PER SHARE VIEW C$0.01, REVENUE VIEW C$72.6 MILLION -- REFINITIV IBES DATA

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