Yukon-Nevada Gold Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/13/2009
Yukon-Nevada Gold Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss from mine operations of $8,776,000, loss from operations of $10,084,000, loss before income taxes of $11,672,000 and loss and comprehensive loss of $11,677,000 or
.03 basic and diluted per share against loss from mine operations of $6,866,000, loss from operations of $77,370,000, loss before income taxes of $77,453,000 and loss and comprehensive loss of $77,201,000 or
.42 basic and diluted per share for the same period a year ago. The company also reported cash used in operations of $4,152,000 and property, plant and equipment expenditures of $698,000 against cash used in operations of $13,951,000 and property, plant and equipment expenditures of $4,714,000 for the same period a year ago. For the nine months, the company reported loss from mine operations of $19,539,000, loss from operations of $22,159,000, loss before income taxes of $24,495,000 and loss and comprehensive loss of $24,587,000 or
.08 basic and diluted per share against loss from mine operations of $26,090,000, loss from operations of $100,081,000, loss before income taxes of $103,431,000 and loss and comprehensive loss of $91,785,000 or
.51 basic and diluted per share for the same period a year ago. The company also reported cash used in operations of $4,446,000 and property, plant and equipment expenditures of $1,563,000 against cash used in operations of $12,758,000 and property, plant and equipment expenditures of $25,358,000 for the same period a year ago
Financial Statements, Ratios, Pension & Options: https://investing.businessweek.com/businessweek/research/stocks/financials/financials.asp?ric=YNG.TO
Here is a more comprehensive Mangement Discussion and Analysis (MD&A) from their corporate website:
https://www.yukon-nevadagold.com/i/pdf/YNGFS_MDA_09_09_30.pdf
Cheers!
Wahjai604