Company Profile For FNX Mining Company, Inc.

FNX Mining Company, Inc. (FNX.TO) (Toronto Stock Exchange)

sector: Basic Materials · industry: Mining & Metals - Specialty ·

As of 24 Nov 2009

11.79CAD

Price Change

-0.23

Percent Change

-1.91%

Analyst Recommendations

Overview

FNX Mining Company Inc. (FNX) is engaged in the mineral resource business, which includes the acquisition, exploration, development and mining of mineral properties. The Company operates in two segments: the Mining segment and the DMC segment. The Mining segment produces, develops and explores for nickel, copper, cobalt, platinum, palladium and gold in Canada's prolific Sudbury mining district. The DMC segment operates in both Canada and the United States providing services in contract mining, mine shaft sinking, lateral mine development, mine construction, civil underground construction, raise boring and Alimak raising.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, FNX Mining Company Inc.'s revenues decreased 61% to C$129.6M. Net loss totaled C$72.2M vs. an income of C$8.9M. Revenues reflect decreased income from Mining segment and lower DMC segment. Net loss reflects the absence of capital tax gain, increased stock based compensation expenses, higher investment impairments, the presence of dilution loss and lower other income.