Earnings: Revett Minerals Inc.
Copper and silver mine
Stock symbol: RVM |
Reporting period: 2011 |
Earnings:
Profit of $13.5 million 36 cents per share
Versus 2010: Loss of $600,000 (2 cents per share) |
Revenue: $70 million |
Analysis: Revett Minerals produced more than 1.29 million ounces of silver last year and more than 10 million pounds of copper. In other 2011 highlights, the company received an affirmative decision from the 9th Circuit Court of Appeals, affirming that development of the Rock Creek Mine would not hurt habitat for bull trout and grizzlies. |