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Mining Stocks News: Silvercrest Mines (TSX: SVL) (NYSE MKT: SVLC) posts 2Q profit

SilverCrest Mines posts profit of $3.9 million in 2nd quarter

Investorideas.com Newswire

 

Vancouver, BC - August 13, 2015 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX:SVL) ( NYSE MKT: SVLC) on Wednesday reported second-quarter profit of $3.9 million.

The Vancouver, British Columbia-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share.

The mining company posted revenue of $20.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.08. A year ago, they were trading at $2.10.

Published at Investorideas.com Newswire

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