Capstone Mining Third Quarter 2015 Financial Results

Click to access article_10272015174345.pdf

VANCOUVER, Oct. 27, 2015 /CNW/ – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced its financial results for the three and nine months ended September 30, 2015. Operating cash flow before changes in working capital (1) for the quarter was $9.2 million or $0.02 per share, with a net loss of $216.0 million and an adjusted net loss of $16.3 million after adjusting for certain non-cash and non-recurring charges. Copper production for the quarter totalled 22,109 tonnes (21,340 tonnes of payable copper) at a C1 cash cost (1) of $1.98 per payable pound produced with copper sales for the quarter of 24,645 tonnes at a C1 cash cost (1) of $2.16 per payable pound sold.

Leave a Reply