Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

BRIEF-Noranda Income Fund Reports Q4 Net Revenue of $33.8 Mln Vs $56.3 Mln For Same Period Of 2019

Published 2021-02-23, 08:26 p/m
Updated 2021-02-23, 08:30 p/m
© Reuters.

Feb 23 (Reuters) - Noranda Income Fund NIF_u.TO :

* ANNOUNCES FOURTH QUARTER AND FISCAL 2020 RESULTS

* NET REVENUES IN Q4 OF 2020 WERE $33.8 MILLION COMPARED TO $56.3 MILLION FOR SAME PERIOD OF 2019

* ANNUAL PRODUCTION AND SALES TARGET FOR 2021 HAS BEEN MAINTAINED AT BETWEEN 260,000 TO 270,000 TONNES

* QTRLY ZINC METAL PRODUCTION DECREASED 1.2% TO 69,221 TONNES COMPARED TO 70,053 TONNES IN Q4 OF 2019

* QTRLY ZINC METAL SALES WERE 69,148 TONNES, DOWN SLIGHTLY FROM 69,446 TONNES IN Q4 OF 2019

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.