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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • ATNA Posts $1.2M Net Loss 0 comments
    Nov 11, 2013 11:01 AM | about stocks: ATNAF

    Originally published at www.seclive.com

    ATNA Resources Ltd. (OTCQB:ATNAF) announced its unaudited financial results for the third fiscal quarter of 2013, reporting a net loss of $1.2M, or $0.01 losses per share. The gold mining company's major production operation at Briggs, near Death Valley, California, sold 9,147 ounces of gold, up 35% from a year ago. The Briggs operation produced $2.2M in operating cash flow while production costs dropped 25% from $17.70 per ton crushed to $13.27 per ton crushed. ATNA reduced its debt by $5.4M during the third quarter and announced a new restructuring of its credit facility, deferring further payments to 2014. With good results, the company explains its net loss to interest expense and losses on derivatives. ATNA has produced 28,137 total ounces of gold since the start of the year and is forecast to produce between 9,000 and 10,000 ounces in fourth quarter.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: ATNAF
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