Resource News
FNX posts 4th-quarter turnaround
By resourceINTEL · February 26, 2010 · 8:32 am · Leave a Comment
FNX Mining Co. Inc. (FNX-T 12.41 – –%) says it had a $32.1-million profit or 31 cents per share in the fourth quarter, with $108.6-million in revenue.
The results were a big improvement from the fourth quarter of 2008, when FNX had only $48.7-million in revenue and recorded a net loss of $397.4-million or $4.68 per share, including a $500-million asset writedown…read more at The Globe And Mail
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