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For the nine months ended 30 June 2015, High North Resources Ltd revenues decreased 25% to C$2.7M. Net loss increased from C$2.1M to C$10.2M. Revenues reflect Petroleum and natural gas sales decrease of 20% to C$3.3M, Royalties Expenses increase of 18% to C$643K. Higher net loss reflects Depletion and depreciation increase from C$828K to C$1.8M (expense), Operating increase of 11% to C$1.9M (expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 0.62 | 0.56 | 1.48 | 1.66 |
Gross Profit | ||||
Operating Income | -0.4 | -2.29 | -6.52 | -4.87 |
Net Income | -0.61 | -2.71 | -6.89 | -4.77 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 16.62 | 16.73 | 18.06 | 25.36 |
Total Liabilities | 15.86 | 15.5 | 14.09 | 16.32 |
Total Equity | 0.76 | 1.23 | 3.97 | 9.03 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -3.07 | -2.13 | -1.07 | -0.12 |
Cash From Investing Activities | -7.66 | -6.46 | -4.36 | -13.83 |
Cash From Financing Activities | 6.47 | 4.33 | 1.79 | 17.37 |
Net Change in Cash | -4.26 | -4.26 | -3.64 | 3.42 |
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