Business
Q2 and H1 2019 Interim Financial Statements
Q2 and H1 2019 Interim Financial Statements.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \nRNS Number : 1081J Atalaya Mining PLC 15 August 2019 \n\n15 August 2019\nAtalaya Mining Plc.\n(\"Atalaya\" and/or the \"Group\")\n \nInterim Condensed Consolidated Financial Statements for the period ended 30 June 2019\n \nAtalaya Mining Plc (AIM: ATYM; TSX: AYM), the European mining and development company, is pleased to announce its quarterly results for the period ended 30 June 2019, together with the interim condensed consolidated financial statements.\nFinancial Highlights\n \n\n\n\nQuarter ended 30 June\n\n\n\n\n\nQ2 2019\n\n\nQ2 2018\n\n\n\n\n\nH1 2019\n\n\nH1 2018\n\n\n\n\nRevenues from operations\n\n\n€k\n\n\n43,070\n\n\n48,867\n\n\n\n\n\n94,782\n\n\n101,543\n\n\n\n\nOperating costs\n\n\n€k\n\n\n(31,036)\n\n\n(29,481)\n\n\n\n\n\n(63,238)\n\n\n(67,159)\n\n\n\n\nEBITDA\n\n\n€k\n\n\n12,034\n\n\n19,386\n\n\n\n\n\n31,544\n\n\n34,384\n\n\n\n\nProfit for the period\n\n\n€k\n\n\n6,849\n\n\n15,702\n\n\n\n\n\n21,004\n\n\n24,492\n\n\n\n\nEarnings per share\n\n\n€ cents/share\n\n\n5.1\n\n\n11.7\n\n\n\n\n\n15.4\n\n\n18.2\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCash flows from operating activities\n\n\n€k\n\n\n6,856\n\n\n10,837\n\n\n\n\n\n14,970\n\n\n29,214\n\n\n\n\nCash flows used in investing activities\n\n\n€k\n\n\n(15,137)\n\n\n(12,549)\n\n\n\n\n\n(32,275)\n\n\n(21,290)\n\n\n\n\nCash flows (used)/from financing activities\n\n\n€k\n\n\n(272)\n\n\n545\n\n\n\n\n\n(272)\n\n\n593\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWorking capital (deficit)/ surplus \n\n\n€k\n\n\n(18,391)\n\n\n32,747\n\n\n\n\n\n(18,391)\n\n\n32,747\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAverage realised copper price\n\n\n$/lb\n\n\n2.81\n\n\n3.12\n\n\n\n\n\n2.80\n\n\n3.08\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCu concentrate produced\n\n\n(tonnes)\n\n\n48,382\n\n\n47,140\n\n\n\n\n\n91,823\n\n\n89,568\n\n\n\n\nCu production\n\n\n(tonnes)\n\n\n10,889\n\n\n10,446\n\n\n\n\n\n21,108\n\n\n19,887\n\n\n\n\nCash costs\n\n\n$/lb payable\n\n\n1.74\n\n\n1.88\n\n\n\n\n\n1.81\n\n\n2.07\n\n\n\n\nAll-In Sustaining Cost\n\n\n$/lb payable\n\n\n1.95\n\n\n2.34\n\n\n\n\n\n2.06\n\n\n2.49\n\n\n\n \n· Revenues for the three months ended 30 June 2019 (\"Q2 2019\") were €43.1 million compared with €48.9 million for the three months ended 30 June 2018 (\"Q2 2018\"). The ...