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Copper Mountain Q4 earnings beat forecasts as sales soar

British Columbia-focused copper/gold producer Copper Mountain Mining has reported buoyant fourth-quarter earnings attributable to shareholders of C$2.1-million, or C$0.01 a share, a swing back to profit as improving prices and sales volumes boosted the bottom line.
The Vancouver-based miner, which operates the eponymous mine 300 km east of Vancouver, reported adjusted earnings excluding special items of C$0.07 a share, convincingly beating average Bay Street analyst estimates for earning C$0.01 a share.