A summary of Toronto, Canada-based Noranda Income Fund's production and financial report for the third quarter 2021.
In brief:
Earnings before income taxes totaled $5.9 million, compared to a loss of $4.1 million in third quarter of 2020. Adjusted earnings before interest, taxes, depreciated and amortization was $5.7 million, compared to $14.3 million in the same quarter last year. Revenue was $204.8 million compared to $136.5 million for the same period of 2020. The 50% increase was mainly due to higher zinc and...