Royal Nickel Announces Year End 2014 Results

  • Monday, March 23, 2015
  • Source:ferro-alloys.com

  • Keywords:nickel ore RNC
[Fellow]RNC incurred a net loss of $10.0 million ($0.10 per share) for the year ended December 31, 2014 compared to a net loss of $6.7 million ($0.07 per share) for the same period in 2013

Royal Nickel Corporation(RNC) incurred a net loss of $10.0 million ($0.10 per share) for the year ended December 31, 2014 compared to a net loss of $6.7 million ($0.07 per share) for the same period in 2013. The net loss increase of $3.3 million is due primarily to higher general and administrative expenses ($3.0 million) and mineral property interests write-down ($1.3 million) partially offset by a lower deferred income tax expense ($0.8 million) and gain on dilution of associate ($0.2 million).

 

  • [Editor:Juan]

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