Storm Resources (V.SRX, StockForum) filed third quarter results with total revenue of product sales coming to $13.18 million – up from $9.07 million reported in the matching 2012 quarter. Funds from operations for the quarter totaled $6.14 million compared to $4.77 million recorded in Q3 2012. All of this resulted in a net loss of $1.43 million or $0.02 per share versus a net loss of $3.59 million or $0.07 per share listed during the same 2012 period.
First Uranium (T.FIU, StockForum) reported Q2 2014 results with a loss from continuing operations totaling $0.3 million compared to a loss of $5.6 million reported in Q2 2013. Year-to-date numbers matched with a loss of $0.3 million versus profits of $16.0 million listed in the matching 2013 quarter. Discontinued operations were blamed for the losses reported.
Algonquin Power & Utilities (T.AQN, StockForum) announced third quarter results with revenue for the quarter coming to $127.9 million versus $93.0 million recorded in the matching 2012 quarter. Nine-month revenue figures totaled $470.0 million over the $209.9 million generated in the same 2012 quarter. Adjusted net earnings were $6.9 million or $0.03 per share compared to $12.2 million or $0.08 per share.
Counsel (T.CXS, StockForum) put out third quarter results with revenues for the quarter totaling $38.3 million compared to the $28.9 million reported in the matching 2012 period. Nine-month revenue came in at $110.0 million versus $85.0 million listed in Q3 2012. Quarterly income from continuing operations attributable to shareholders was $3.0 million or $0.03 per share compared to $4.0 million or $0.05 per share generated in Q3 2012.
Palliser Oil & Gas (V.PXL, StockForum) released third quarter results with a 49% increase to $18.47 million in oil & gas sales from $12.42 million reported in the matching 2012 quarter. Funds flow from operations dropped 20% to $4.09 million from $5.10 million recorded in the same 2012 quarter, resulting in a 53% increase in net income loss to $1.43 million or $0.02 per share from a net loss of $3.09 million or $0.06 per share listed in Q3 2012.
Terra Energy (T.TT, StockForum) opens books on third quarter with revenues decreasing 5% for the quarter to $10.26 million from the same 2012 period. Production was also down for the quarter with 3,786 boe/d versus 4,873 boe/d recorded in the matching 2012 quarter. Production expenses dropped 32% to $5.18 million from $7.61 million listed for the same 2012 quarter. Terra also reported a net income of $6.16 million versus a net loss of $5.37 million posted in Q3 2012.
Energy Fuels (T.EFR, StockForum) announced third quarter results with quarterly working capital totaling $32.50 million compared to $41.93 million reported in Q3 2012 and long-term liabilities came to $36.18 million, down from $37.92 million recorded in the matching 2012 quarter. Total revenues for the quarter fell to $24.50 million from $72.47 million posted in Q3 2012, resulting in a net loss for the period of $70.47 million versus the net loss of $83.95 million in Q3 2012.
Hardwoods Distribution (T.HWD, StockForum) released third quarter results with sales for the quarter increasing 222.1% to $17.7 million against Q3 2012 figures. Gross profit also climbed to 25.6% to $17.6 million year-over-year while gross profit margin also jumped 18.1% from 17.6% listed in the matching 2012 quarter. All of this resulted in a 146% bounce in profit to $3.1 million versus what was reported in the same 2012 quarter.
GLG Life Tech (T.GLG, StockForum) reported third quarter results with revenue for the quarter growing 48% to $5.2 million while nine-month revenue dipped 12% to $11.9 million compared to the matching 2012 period. There was a quarterly net loss of $14.3 million and nine-month net loss of $24.4 million compared to 2012's Q3 net loss of $12 million and nine-month net loss of $22.5 million – a 19% and 9% increase respectively.
DirectCash Payments (T.DCI, StockForum) revealed quarterly results with gross profits falling slightly to $29.61 million from $30.93 million reported in the matching 2012 quarter. Gross profit margin was up to 50.4% from 46.2% listed in the same 2012 period. In the end there was a net loss attributable to shareholders of $205,000 or $0.01 per share compared to the net loss of $2.10 million or $0.14 per share reported in the same 2012 quarter.