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For the nine months ended 30 September 2015, Magellan Minerals Ltd. revenues was not reported. Net loss decreased 8% to C$3.5M. Lower net loss reflects Write-off of investment in associate Oth decrease from C$1.2M (expense) to C$0K, Write-off of mineral properties decrease of 51% to C$183K (expense), Penalties and interest expense decrease of 69% to C$49K (expense).
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.78 | -1.17 | -1.34 | -2.64 |
Net Income | -0.83 | -1.22 | -1.49 | -2.69 |
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 7.67 | 9.92 | 9.88 | 12.3 |
Total Liabilities | 4.58 | 4.34 | 3.54 | 3.24 |
Total Equity | 3.09 | 5.58 | 6.34 | 9.06 |
Period Ending: | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -1.41 | -1.21 | -0.9 | -1.72 |
Cash From Investing Activities | -0.34 | -0.11 | -0.09 | -0.08 |
Cash From Financing Activities | 0.63 | 0.19 | -0.01 | 2.81 |
Net Change in Cash | -1.11 | -1.13 | -1 | 1.01 |
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