3:45 PM EST - Savaria Corporation: disclosed its results for the first quarter ended March 31. Highlights include revenue of $15.2 million, compared with $15.5 million in 2011; Earnings before interest, income taxes, depreciation and amortization ("EBITDA") of $1 million, compared with $809,000 in 2011, an increase 26%. Net income of 1.6 cents per share compared with 0.8 cent per share in 2011. Savaria Corporation
(T.SIS) shares were unchanged at 1.4 |
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3:44 PM EST - New Millennium Iron Corp.: announced today its financial results for the first quarter ended March 31. The Company's working capital at March 31 is $106,201,000 (December 31, 2011 - $109,214,000). The net loss for the three months ended March 31 is $2,192,000 ($0.01 per share) compared to a net loss of $2,771,000 ($0.02 per share) for the comparative period in 2011. New Millennium Iron Corp.
(T.NML) shares were down $0.04 at 1.57 |
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| 3:41 PM EST - Hyduke Energy Services Inc.: announced operating results for the three months ended March 31. Highlights include the following: Revenue for the current quarter of $33.2 million is up $15.0 million or 82% over the prior year. Gross profit for the current quarter of $5.3 million is up $3.1 million or 139% over the prior year. Profit for the current quarter of $2.0 million is up $1.8 million over the prior year. Profit per share (basic) for the current year of $0.08 is up $0.07 per share over the prior year. Hyduke Energy Services Inc. (T.HYD) shares were up $0.07 at 0.67 |
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| 11:56 AM EST - SEMAFO: reported its financial and operating results for the three-month period ended March 31, 2012. All amounts are in U.S. dollars unless otherwise stated. Highlights included gold production of 60,900 ounces, an increase of 2% compared to the same period in 2011. Gold sales were $100.4 million, a 27% increase compared to the same period in 2011. Operating income of $38.2 million, an increase of 50% compared to the same period in 2011. Net income of $31.5 million, an increase of 54% compared to the same period in 2011. SEMAFO (T.SMF) shares were down $0.15 at 4.21 |
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| 11:54 AM EST - Anglo Pacific Group PLC: announced interim results for the three months ended March 31. Highlights included royalty income for the quarter of £1.5 million (£9.9 million for Q1 2011), Total assets were £366.0 million at March 31, 2012 (£380.2 million at December 31, 2011). Anglo Pacific Group PLC (T.APY) shares were unchanged at 4.5 |
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| 11:53 AM EST - La Mancha Resources Inc. : announced first-quarter financial results. Net earnings were $7.9 million compared to $7.5 million in 2011. Revenues were $45.5 million compared to $43.0 million in 2011. La Mancha Resources Inc. (T.LMA ) shares were down $0.07 at 2.63 |
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| 9:52 AM EST - Medical Facilities Corporation: reported its financial results for the three-month period ended March 31. All amounts are expressed in U.S. dollars unless indicated otherwise. Revenue was $60.0 million, compared with $51.7 million in Q1 2011. Income from operations was $23.7 million, compared with $18.2 million in Q1 2011. Operating margin of 39.4%, compared with 35.1% in Q1 2011. Medical Facilities Corporation (T.DR) shares were up $0.07 at 13.05 |
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| 9:51 AM EST - Pretium Resources Inc.: reported that drill results from its high-grade gold Brucejack Project in northern British Columbia continue to confirm the projection and continuity of high-grade mineralization in the Valley of the Kings. Hole SU-316 intersected 1,855 grams of gold per tonne uncut over 0.54 metres (54 ounces gold per ton over 1.8 feet). Hole SU-325 intersected 1,590 grams of gold per tonne uncut over 0.59 metres (46 ounces gold per ton over 1.9 feet). Pretium Resources Inc. (T.PVG) shares were up $0.21 at 12.83 |
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9:50 AM EST - Valeura Energy Inc.: report highlights of its unaudited financial and operating results for the three-month period ended March 31. Funds flow from operations in the first quarter of 2012 was $2,938,919 compared to $4,084,943 in the fourth quarter of 2011 reflecting a 15% reduction in sales volumes and employee bonus payments, partially offset by an 8% increase in average operating netback. At March 31, 2012, the Corporation had a working capital surplus of approximately $24.1 million, including cash and cash equivalents of $22.3 million. This compares to a working capital surplus of $29.4 million, including cash and cash equivalents of $24.1 million at December 31, 2011. Valeura Energy Inc.
(T.VLE) shares were down $0.03 at 1.9 |
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9:49 AM EST - Element Financial Corporation: reported strong Q1 2012 financial results. Total revenues increased to $6.5 million during the current quarter, an increase of $5.8 million over the amount reported during the same quarter of the previous year. Positive net operating income from operations before non-cash share-based compensation expense was $0.9 million during the quarter compared to a loss of $0.8 million for the comparative quarter of the previous year, ahead of profitability targets. Earnings per share were $0.00 during the quarter compared to a loss of $0.26 for the quarter ended March 31, 2011. Element Financial Corporation
(T.EFN) shares were down $0.10 at 5.6 |
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