Markets

Talon Metals Corp Up 9% Despite Reporting Quarterly Loss

Talon Metals Corp. (TLO.TO) reported a net loss for the three month period ended June 30, 2011 of $5.9 million or $0.07 per share (basic and diluted). This compares to net loss of $5.1 million or $0.08 per share (basic and diluted) for the three months ended June 30, 2010.

Capitalized exploration for the three and six month periods ended June 30, 2011, amounted to $6. million and $9.3 million respectively. This relates mainly to work done on the Trairao Project. This compares to $697,833 and $999,734 for the three and six month periods respectively of last year and primarily related to work done on the Sergipe Potash Project.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More