CA - Copper Mountain Mining Non-GAAP EPS of -C$0.10 revenue of C$90.28M
2023-03-27 08:13:01 ET
- Copper Mountain Mining press release ( OTCPK:CPPMF ): Q4 Non-GAAP EPS of -C$0.10.
- Revenue of C$90.28M (-34.0% Y/Y).
- Production in Q4 2022 was 15.9 million pounds of copper equivalent, including 13.3 million pounds of copper, 4,791 ounces of gold, and 65,338 ounces of silver.
- Guidance:
- The Company expects 2023 copper production to be between 88 and 98 million pounds, with gold production between 20,000 and 30,000 ounces and silver production between 350,000 and 400,000 ounces. The Company forecasts production and grade to increase sequentially through the first three quarters of the year, with the third quarter expected to be the strongest quarter of the year. Mill feed is expected to be primarily from the higher-grade Phase 4 area and the North Pit. Average grades for the year are expected to be approximately 0.31%. Production to date in 2023 has been in line with budget.
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Copper Mountain Mining Non-GAAP EPS of -C$0.10, revenue of C$90.28M