Mid-tier copper and gold producer Copper Mountain Mining has recorded a second-quarter loss, missing analyst earnings forecasts by C$0.02 a share as cash margins for copper sold fell 41% during the period.The Vancouver-based company reported a loss attributable to shareholders of C$1.9-million or $0.02 a share for the three months ended June 30, compared with net income of C$1.6-million or C$0.01 a share for the comparable year-earlier quarter.
Excluding special items, Copper Mountain reported an adjusted loss of C$5.31-million, or C$0.04 a share, compared with Bay Street analyst consensus of an adjusted loss of C$0.01 a share.
