Business
Q2 and H1 2021 Interim Financial Statements
Q2 and H1 2021 Interim Financial Statements.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \n \n \n RNS Number : 2232I\n Atalaya Mining PLC\n 11 August 2021\n \n \n \n \n 11 August 2021\n \n \n Atalaya Mining Plc\n \n \n (\"Atalaya\" and/or the \"Group\")\n \n \n \n \n \n Unaudited Interim Condensed Consolidated Financial Statements for the period ended 30 June 2021\n \n \n \n \n \n Atalaya Mining Plc (AIM: ATYM; TSX: AYM),\n the European mining and development company, is pleased to announce its \n quarterly and six-monthly results for the period ended 30 June 2021 (\"Q2 2021\" and \"H1 2021\" respectively) together with its unaudited interim condensed consolidated financial statements.\n \n \n The Company increased EBITDA to €99.4 million in H1 2021 (H1 2020: €22.1 million) and cash flows from operating activities to €71.0 million (H1 2020: €23.0 million) as a result of robust operational performance at Proyecto Riotinto, combined with strong copper prices.\n \n \n Total cash as at 30 June 2021 was €92.8 million up from €37.8 million as at 31 December 2020. Atalaya maintains a strong balance sheet with net cash of €37.8 million as at 30 June 2021 after drawing down facilities to pay Astor during Q1 2021.\n \n \n The Unaudited Interim Condensed Consolidated Financial Statements for H1 2021 are also available under the Company's profile on SEDAR at www.sedar.com and on Atalaya's website at www.atalayamining.com.\n \n \n Financial Highlights\n \n \n \n \n \n \n \n \n \n Period ended 30 June\n \n \n \n \n \n \n \n Q2 2021\n \n \n \n \n Q2 2020\n \n \n \n \n H1 2021\n \n \n \n \n H1 2020\n \n \n \n \n \n \n Revenues from operations\n \n \n \n \n €k\n \n \n \n \n 99,724\n \n \n \n \n 56,544\n \n \n \n \n 197,104\n \n \n \n \n 117,733\n \n \n \n \n \n \n Operating costs\n \n \n \n \n €k\n \n \n \n \n (47,755)\n \n \n \n \n (43,710)\n \n \n \n \n (97,692)\n \n \n \n \n (95,625)\n \n \n \n \n \n \n EBITDA\n \n \n \n \n €k\n \n \n \n \n 51,969\n \n \n \n \n 12,834\n \n \n \n \n 99,412\n \n \n \n \n 22,108\n \n \n \n \n \n \n Profit for the period\n \n \n \n \n €k\n \n \n \n \n 32,291\n \n \n \n \n 3,035\n \n \n \n \n 65,993\n \n \n \n \n 5,966\n \n \n \n \n \n \n Basic earnings per share\n \n \n \n \n € cents/share\n \n \n \n \n 23.3\n \n \n \n \n 2.3\n \n \n \n \n 48.1\n \n \n \n \n 4.6\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ...