QUARTERLY REPORT, THIRD QUARTER 2022
Press release: Stockholm, October 21, 2022, 08.45 CET HIGHLIGHTS OF THE THIRD QUARTER 2022 · Net sales was 66 MSEK compared to the previous year 83 MSEK. The decrease was due to declined silver price and lower production · EBITDA was -10 MSEK (13) · EBIT was -32 MSEK (-9) · Cash and cash equivalents were 7 MSEK (48). The Company has a credit limit of EUR 1.5 million. The Company initiated the process to consider options to raise additional funding · Investments were 17 MSEK (10) · The production was about 258 000 (308 000) ounces of silver, 790 (839)