Company Profile For Thompson Creek Metals Company Inc.

Thompson Creek Metals Company Inc. (TCM.TO) (Toronto Stock Exchange)

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

As of 24 Nov 2009

12.67CAD

Price Change

+0.32

Percent Change

+2.59%

Analyst Recommendations

Overview

Thompson Creek Metals Company Inc. (Thompson Creek) is a Canadian molybdenum mining company with vertically integrated mining, milling, processing and marketing operations in Canada and the United States. The Company’s operations include the Thompson Creek Mine (mine and mill) in Idaho, the Langeloth Metallurgical Roasting Facility in Pennsylvania and a 75% joint venture interest in the Endako Molybdenum Mine Joint Venture (Endako Mine) (mine, mill and roaster) in British Columbia. In addition, it has two high-grade underground molybdenum development projects, the Davidson molybdenum property (Davidson Project), located in British Columbia, and the Mount Emmons molybdenum property, located in Colorado.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Thompson Creek Metals Company, Inc.'s revenues decreased 68% to $267.1M. Net income decreased 85% to $30.5M. Revenues reflect decreased sales of Molybdenum and lower Tolling & Calcining sales. Net income also reflects increased depreciation, depletion & amortization expenses, higher exploration & development expenses, decreased interest income and the presence of loss on foreign exchange.