Sierra Geothermal reports for the year 2009
Sierra Geothermal Power releases results for 2009.
In a press statement, “Sierra Geothermal Power Corp. announced the release of its financial results for the year ended December 31, 2009.
For the year ended December 31, 2009, SGP reported a net loss of $2,954,675 or ($0.03) per share compared to a net loss of $3,930,023 or ($0.06) per share for the year ended December 31, 2008.
As of December 31, 2009, SGP had cash and short-term investments of $8,260,320 and working capital of $6,664,549 compared to cash and short-term investments of $3,777,687 and working capital of $4,039,809 as at December 31, 2008.
The full text of the Company’s audited financial statements and management’s discussion and analysis is available on the SEDAR website at www.sedar.com.”
Source: Marketwire