Imperial Reports Third Quarter 2020 Financial Results
Retrieved on:
Wednesday, November 11, 2020
VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the Company) (TSX:III) reports financial results for the three and nine months ended September 30, 2020, as summarized in this release and discussed in detail in the Managements Discussion & Analysis.
Key Points:
- VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the Company) (TSX:III) reports financial results for the three and nine months ended September 30, 2020, as summarized in this release and discussed in detail in the Managements Discussion & Analysis.
- LBMA cash settlement gold price per troy ounce averaged US$1,911 in the September 2020 quarter compared to US$1,474 in the 2019 comparative quarter.
- Cash flow was $17.7 million in the September 2020 quarter compared to negative $1.8 million in the 2019 comparative quarter.
- Capital expenditures from continuing operations were $26.4 million in the September 2020 quarter, up from $16.4 million in the 2019 comparative quarter.