Humboldt reports $8.2 million earnings for the nine months ended September
30, 2009
Humboldt's cash and cash equivalents were
Highlights
Nine Months Ended September 30 --------------------------------- (Thousands, except per share amounts) 2009 2008 2007 ------------------------------------------------------------------------- Earnings (Loss) and comprehensive income (loss) for the period $ 8,163 $(10,859) $(12,591) Earnings (Loss) per share, basic and diluted $ 0.67 $ (0.88) $ (1.01) Dividend Paid $ 3,042 $ - $ - Dividend Paid Per Share $ 0.25 $ - $ - Share capital $ 2,033 $ 2,048 $ 2,076 Retained earnings $ 35,291 $ 41,916 $ 55,107 Shareholders' equity $ 38,664 $ 45,304 $ 58,313 Cash and cash equivalents $ 14,699 $ 22,621 $ 10,609 Shares outstanding 12,120 12,207 12,384 Net asset value per share, diluted $ 3.16 $ 3.64 $ 4.56 -------------------------------------------------------------------------
Humboldt's Financial Statements and Management's Discussion and Analysis for the nine months ended
Forward-looking statements - the press release today contains "forward-looking" information. Actual results could differ materially from the conclusions, forecasts or projections in the forward-looking information. Certain material factors and assumptions were applied in drawing the conclusions or making the forecasts or projections as reflected in the forward-looking information. Additional information about the material factors that could cause actual results to differ materially from the conclusion, forecast or projection in the forward-looking information and the material factors or assumptions that were applied in drawing the conclusion or making the forecast or projection as reflected in the forward-looking information is contained in the press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information: For further information: R.W. Lamond, Chairman of the Board - or - C.A. (Tony) Teare, Executive Vice President, HUMBOLDT CAPITAL CORPORATION, Telephone: (403) 269-9889, Fax: (403) 269-9890, TSX-V: HMB
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