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Stock Market & Financial Investment News

News For SHZ;AVL;REE;MCP From The Last 14 Days
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November 10, 2014
07:32 EDTREERare Element reports Q3 EPS (8c) vs. (15c) last year
For accounting purposes, the company is classified as an exploration stage company and, as such, does not have production-related revenues at this time. As of September 30, the company had cash and cash equivalents of $12.9M, compared with $16.1M at June 30. The net cash used of $3.2M during the quarter was spent primarily on permitting, engineering and economic evaluation work to support the Preliminary Feasibility Study, trench work and general corporate expenses.

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