Imperial Reports Third Quarter 2022 Financial Results
Total revenue increased to $41.7 million in the September 2022 quarter compared to $37.1 million in the 2021 comparative quarter, an increase of $4.6 million.
- Total revenue increased to $41.7 million in the September 2022 quarter compared to $37.1 million in the 2021 comparative quarter, an increase of $4.6 million.
- The London Metals Exchange cash settlement copper price per pound averaged US$3.51 in the September 2022 quarter compared to US$4.25 in the 2021 comparative quarter.
- In CDN Dollar terms the average copper price in the September 2022 quarter was CDN$4.59 per pound compared to CDN$5.36 per pound in the 2021 comparative quarter, and the average gold price in the September 2022 quarter was CDN$2,258 per ounce compared to CDN$2,254 per ounce in the 2021 comparative quarter.
- Gold production for the third quarter of 2022 was lower than the second quarter of 2022 due to lower recovery and lower throughput.