Brief: Orvana qtrly loss per share $0.06

Orvana Minerals

18/12/2015 23:00

Dec 18 (Reuters) - Orvana Minerals Corp  ORV.TO : 
 * Reports year end, fourth quarter fiscal results and provides operational 
   update and 2016 guidance 
 * Says updated 2015 guidance met 
 * Continuing to implement a cost reduction plan in order to meet its objectives 
   of optimizing production and lowering unitary costs 
 * Says effects of cost reductions are expected to be realized by mid-fiscal 
   2016 
 * Qtrly loss per share $0.06 
 * Qtrly adjusted loss per share $0.06 
 * Qtrly revenue $20.4 million versus $44 million 
 
 * Source text for Eikon  ID:nPrebrwRYa  
 
 * Further company coverage  ORV.TO   
 
 ((Bengaluru Newsroom; +1 646 223 8780))