Red Tiger Mining Inc. Reports Audited Consolidated Financial and Operating Results for the Fourth Quarter and Year Ended December 31, 2014
For the year, Comex Grade 1 Copper cathodes production was 5,734 tonnes for the year ended December 31, 2014.
For the quarter, copper sales were $6,357,452 compared to $12,884,804 a year ago. Net loss was $16,959,843 compared to $5,121,019 a year ago.
For the year, copper sales were $38,451,205 for the year ended December 31, 2014 at an average realized price of $3.04 per pound. Net loss was $18,139,079 or $0.01 per share for the year ended December 31, 2014. Adjusted LBITDA was $1,107,460 or adjusted LBITDA per share of $0.01 for the year ended December 31, 2014.