SUMMARY OF YEAR END REPORT 2019
Press release Stockholm, February 14th, 2020
HIGHLIGHTS OF THE FOURTH QUARTER 2019
· Net sales were 86 MSEK (0) · EBITDA was 5 MSEK (-10) · EBIT -32 MSEK (-34) · Cash and cash equivalents were 30 MSEK (123) · Earnings per share were -0.38 SEK (-0.32) · An impairment of -27 MSEK was done on the exploration rights in Norway and Sweden · The production was about 418 000 ounces silver, 1 022 ounces gold, 337 tonnes lead, and 610 tonnes zinc in concentrates · Milled tonnes were approx. 125 000 and average silver head grade 119 g/tonne · Safety