Canickel Mining Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
CaNickel Mining Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was CAD 180,000 compared to CAD 240,000 a year ago. Net loss was CAD 1.227 million compared to net income of CAD 11.266 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to basic earnings per share from continuing operations of CAD 0.3 a year ago. For the nine months, sales was CAD 540,000 compared to CAD 720,000 a year ago. Net loss was CAD 11.251 million compared to net income of CAD 9.591 million a year ago. Basic loss per share from continuing operations was CAD 0.3 compared to basic earnings per share from continuing operations of CAD 0.26 a year ago.