Almonty Industries Inc. Announces Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2018; Announces Impairment Loss for the Fourth Quarter Ended September 30, 2018
For the year, the company reported gross revenue was CAD 65,171,000 against CAD 39,018,000 a year ago. Earnings from mining operations was CAD 1,713,000 against CAD 269,000 a year ago. Net loss for the period was CAD 10,689,000 against CAD 8,242,000 a year ago. Loss per share basic was CAD 0.06 against CAD 0.07 a year ago.
For the quarter, the company reported impairment loss of CAD 15,604,000.