General Moly, Inc. GMO announced its audited financial results for the fourth quarter and full year ended December 31, 2010.
Net loss for the three months ended December 31, 2010 was approximately $3.4 million ($0.05 per share), compared to a loss of $2.1 million ($0.03 per share) for the year ago period. Net loss for the full year ended December 31, 2010 was approximately $15.7 million ($0.22 per share), compared to a loss of $10.2 million ($0.14 per share) for the year ago period.
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