New Jersey Mining (OTCMKTS:NJMC) Issues Quarterly Earnings Results

New Jersey Mining (OTCMKTS:NJMC) announced its earnings results on Monday. The basic materials company reported $0.00 earnings per share (EPS) for the quarter, Zacks Sales Estimate reports. New Jersey Mining had a negative net margin of 11.31% and a negative return on equity of 7.25%. The company had revenue of $1.57 million for the quarter.

NJMC traded down $0.01 on Wednesday, hitting $0.14. 65,357 shares of the company’s stock were exchanged, compared to its average volume of 92,497. New Jersey Mining has a fifty-two week low of $0.11 and a fifty-two week high of $0.20. The company has a current ratio of 0.97, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $0.15 and a 200-day moving average price of $0.15.

New Jersey Mining Company Profile

New Jersey Mining Company explores for, develops, and extracts gold, silver, and base metal resources in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana. It holds 100% interest in the Golden Chest that consists of 25 patented mining claims covering 280 acres and 70 unpatented claims mine covering 990 acres located in Murray, Idaho; and 50% interest in the Butte Highlands mine covering an area of approximately 1,310 acres comprising 11 patented claims, 65 unpatented lode mining claims, and 20 unpatented mill-site claims located in Butte, Montana.

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