StockMarketWire.com - Atalaya Mining said earnings and revenues fell in the second quarter of the year following a decline in copper prices.

For the three months ended 30 June 2019, earnings (EBITDA) fell to €12.0m from €19.4m a year earlier and revenue fell to €43.1m to from €48.9m a year earlier, which the company blamed on lower copper prices.

Operating costs, exploration costs and care and maintenance during the second quarter rose to €31.0m from €29.5m a year earlier.

Copper production during the quarter rose 4.2% to 10,889 tonnes from a year earlier.

The company maintained its previously stated copper production guidance for 2019 in the range of 45,000 to 46,500 tonnes.


At 9:50am: [LON:ATYM] Atalaya Mining Plc share price was -2.5p at 208p



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